Wang Jing, Deputy Director of the Anti-Money Laundering Bureau of the Central Bank: Virtual assets intensify the risk of money laundering crimes, and

Wang Jing, Deputy Director of the Anti-Money Laundering Bureau of the People's Bank of China, stated at the 13th China Anti-Money Laundering Summit and the 3rd Lujiazui National Financial Security Summit yesterday that anti-money laundering is an important means to maintain national security and financial security. The anti-money laundering department can strengthen cooperation with the tax department, jointly supervise and make good use of the data resources of the financial system. Wang Jing also stated that there are still many shortcomings in the anti-money laundering system of financial institutions, and virtual assets, digital economy, platform economy, and other factors have increased the risk of money laundering and illegal crimes. The gap between regulatory technology and industry digitalization is highlighted.