China revises Anti-Money Laundering Law

NAMPA / Xinhua

2024-11-08

BEIJING, Nov. 8 (Xinhua) -- Chinese lawmakers on Friday voted to adopt a revised Anti-Money Laundering Law. Consisting of 65 articles in seven chapters, the revised law, passed at a session of the National People's Congress Standing Committee, will take effect on Jan. 1, 2025. With refined anti-money laundering measures, the newly revised law balances the relationship between anti-money laundering efforts and the protection of the legitimat......

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