1, banking department
As a financial institution, banks are one of the key regulatory targets of money laundering. Banks need to perform their duties and strictly examine and manage customers' identities, transactions and accounts to prevent money laundering.
2. Law enforcement agencies
Law enforcement agencies are responsible for implementing laws and regulations and cracking down on money laundering crimes. These institutions usually include police stations and procuratorial organs.
3. International organizations
International organizations play an important role in anti-money laundering, such as the United Nations Convention against Corruption signed by the United Nations and governments around the world. These organizations promote global action against money laundering by setting standards and guidelines.
4. Financial Intelligence Center
The Financial Intelligence Center is an information organization that specializes in collecting and analyzing suspicious money laundering activities. They cooperate with law enforcement agencies and other relevant agencies to provide information and suggestions on suspicious transactions to combat money laundering crimes.
The direct responsibilities of money laundering risk management include:
1. Strengthen the risk management of money laundering in financial institutions. Financial institutions shall, in accordance with the relevant requirements of national laws, regulations, rules and financial supervision departments, establish and improve internal control systems and operating procedures, and take effective measures to supervise the implementation of laws, administrative regulations and relevant provisions of the state by branches and subsidiaries; In violation of the provisions of the act should be corrected in a timely manner, and shall be investigated for the responsibility of the relevant units and individuals.
2. Establish a customer identification system. When establishing business relations with customers or providing customers with one-time financial services such as cash remittance, cash exchange and bill payment with a specified amount or more, financial institutions shall require customers to produce real and valid identity documents or other identity documents for verification and registration.
3. Establish a reporting system for large transactions and suspicious transactions. Financial institutions shall submit large-value transactions and suspicious transactions reports to China Anti-Money Laundering Monitoring and Analysis Center within 5 working days from the date of occurrence of large-value transactions and suspicious transactions. At the same time, it should also report large-value transactions and suspicious transactions to the local branches of the People's Bank of China on a regular basis, and receive timely risk warnings from the People's Bank of China and its branches.