China Anti-Money Laundering Monitoring and Analysis Center

China Anti-Money Laundering Monitoring and Analysis Center
China Anti-Money Laundering Monitoring and Analysis Center
NicknameCAMLMAC
Formation2004
FounderPeople's Bank of China
HeadquartersBeijing
Location
  • Beijing, China
Region served
China
Servicesanti-money laundering, finantial intelligence
Official language
chinese
OwnerPeople's Bank of China
Parent organization
People's Bank of China
Staff94 (2015)
Websitecamlmac.pbc.gov.cn

The China Anti-Money Laundering Monitoring and Analysis Center (CAMLMAC) is a specialized administrative agency under the People's Bank of China (PBoC) that serves as the nation's primary financial intelligence unit.[1] Established in 2004 and headquartered in Beijing, the center was created to centralize the monitoring of large-value and suspicious financial transactions following China's decision to align its domestic regulations with international standards, such as those set by the Financial Action Task Force (FATF). Operating as a core component of the country's anti-money laundering (AML) and counter-terrorist financing (CFT) framework, CAMLMAC acts as a technical hub for data collection, processing millions of reports annually from banks, insurance companies, and other financial institutions.[2][3]

The legal foundation and operational significance of the China Anti-Money Laundering Monitoring and Analysis Center (CAMLMAC) are defined by the 2006 Anti-Money Laundering Law of the People's Republic of China. Under Article 10 of this legislation, the anti-money laundering administrative authority of the State Council is mandated to establish a specialized information unit dedicated to monitoring financial activities.[4][5]

In 2015 they signed a Memorandum of Agreement with the US based Financial Crimes Enforcement Network.[6]

References

  1. ^ "China Anti-Money Laundering Monitoring and Analysis Center - A Brief Introduction". www.pbc.gov.cn. Retrieved 2026-01-19.
  2. ^ "People's Republic of China: Report on the Observance of Standards and Codes-FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism". International Monetary Fund. Retrieved 2026-01-19.
  3. ^ "CAMLMAC(China Anti-Money Laundering Monitoring and Analysis Center)". AML Watcher. Retrieved 2026-01-19.
  4. ^ "China Anti-Money Laundering Monitoring and Analysis Center". camlmac.pbc.gov.cn. Retrieved 2026-01-19.
  5. ^ "Interpretation of Several Issues Concerning the Application of Law in Handling Criminal Cases of Money Laundering". China Law Translate. China Law Translate. Retrieved 22 December 2025.
  6. ^ "FinCEN and China's CAMLMAC Sign Memorandum of Understanding | FinCEN.gov". www.fincen.gov. 2015-12-11. Retrieved 2026-01-19.

Further reading

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