China reinforce anti-money laundering drive

China reinforce anti-money laundering drive
Nov 10, 2007 01:59
ICEBERG Points: Join Date: Sep 10, 2007 Status: offline	China has achieved "breakthroughs" in recent years in its anti-money laundering drive. However, money laundering still undermines China's economy. A People's Bank of China (PBOC) statement said yesterday: "(We) will strengthen anti-money laundering checks targeted at securities and insurance institutions. Money laundering has involved in almost all industries.The central bank is planning to expand the scope of its drive against money laundering by including sectors such as securities, insurance, real estate, legal services and lottery. What is your opinion about money laundering?

Nov 10, 2007 01:59

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Join Date: Sep 10, 2007
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China has achieved "breakthroughs" in recent years in its anti-money laundering drive. However, money laundering still undermines China's economy.

A People's Bank of China (PBOC) statement said yesterday: "(We) will strengthen anti-money laundering checks targeted at securities and insurance institutions. Money laundering has involved in almost all industries.The central bank is planning to expand the scope of its drive against money laundering by including sectors such as securities, insurance, real estate, legal services and lottery.
What is your opinion about money laundering?

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