China: Money Laundering

China has issued sweeping new regulations that directly challenge Western sanctions, export controls, and forced-labor compliance regimes, creating structural conflicts for multinational companies operating across jurisdictions. These measures authorize investigations, countermeasures, and a "malicious entity list" targeting foreign actors and their advisers who comply with extraterritorial rules deemed improper by Beijing. The regulations carry material personal exposure for executives, compliance staff, a

China's Draft Financial Law represents a fundamental restructuring of the country's financial regulatory framework, introducing the first comprehensive, cross-sector statute that would sit above existing banking, securities, and insurance legislation.

自美国、欧盟、新加坡、香港等重要司法辖区相继颁布监管规定，加密货币在部分国家和地区逐步获得"合法地位"...

The year 2022 was pivotal for antitrust law enforcement in China, with a major legislative overhaul and series of proposed amendments to implementing regulations of China's AntiMonopoly Law (AML).

China's regulatory system of anti-money laundering ("AML") and combating the financing of terrorism ("CFT") aims to secure national security and maintain the stability of the financial market.

China has said it has arrested 93 people suspected of involvement in a gang that laundered up to US$5.6 billion using virtual currencies.

A sentencing hearing is scheduled before U.S. District Court Judge Loretta A. Preska on March 19, 2019.

The PRC's foreign exchange reserves experienced a continuous drop during the second half of 2016 and hit the psychological level of US$3 trillion for the first time since February 2011.

In late 2016, the Chinese State Council announced new capital controls were to be put in place as of January 1, 2017, with the aim of reducing the outflow of currency from China.