Financial security upgrade again.

In 2023, Huaihua Branch of the People’s Bank of China actively took a series of innovative measures, including holding a series of anti-money laundering knowledge competitions, holding a "City-wide Symposium on Anti-money Laundering" and "Huaihua City Promotion Meeting on Combating and Governing Money Laundering Crimes", and strengthening the anti-money laundering compliance supervision of legal entities within its jurisdiction, constantly consolidating the cooperation mechanism with the Commission for Discipline Inspection, public security, procuratorate, court, customs and other relevant member units, and committed to preventing money laundering risks from the source. Through strong public opinion propaganda and effective

(2023 Huaihua Postal Savings Cup Anti-money Laundering and Anti-fraud Knowledge Competition)

Comprehensively improve quality and efficiency

Promote training by meeting, be clear about goals and be strong in ability. At the beginning of 2023, Huaihua Branch of the People’s Bank of China guided financial institutions to make clear their goals, and put forward new requirements of "five increases and five decreases" by convening the anti-money laundering work meeting of financial institutions in the city and the exchange meeting between police and banks, so as to increase the value of transferring key suspicious clues, strengthen the construction of internal control mechanism for anti-money laundering, improve the quality and effectiveness of anti-money laundering training, broaden the channels and frequency of anti-money laundering propaganda, and enhance the exchange of experience in anti-money laundering work, and the importance of financial institutions in the city to anti-money laundering work has been greatly improved.

At the same time, relying on the mechanism of Huaihua anti-money laundering joint meeting, the public security organs provided financial institutions with guidance on how to find suspicious clues and improve the efficiency of tracing, and promoted financial institutions to better identify and report suspicious transactions and strengthen the pertinence and effectiveness of anti-money laundering work; Advanced units in anti-money laundering shared the Bank’s experience in discovering and submitting key suspicious clues in anti-money laundering work, providing opportunities for other financial institutions to learn and learn from. Through the linkage of a series of meetings, the cooperation between public security organs and financial institutions has been further strengthened, and the professional quality and suspicious transaction analysis and screening ability of anti-money laundering talents in Huaihua financial institutions have been effectively improved, so as to better prevent and crack down on money laundering criminal activities, maintain financial order and social security, and protect the legitimate rights and interests of the people.

("Anti-Money Laundering Publicity and Education Base" unveiled at Hunan Medical College)

Promote the integration of education and mission

In order to implement the requirements of the National Three-year Action to Combat Money Laundering Crimes (2022-2024), Huaihua Branch of the People’s Bank of China, together with the Supervision Committee of the Municipal Commission for Discipline Inspection, the Propaganda Department of the Municipal Party Committee, the Municipal Intermediate People’s Court, the Municipal People’s Procuratorate, and the Municipal Public Security Bureau, launched a series of anti-money laundering knowledge competitions in Huaihua City from April to August 2023, including online answering questions by the whole people, on-site written examination of anti-money laundering knowledge of financial institutions and on-site anti-money laundering knowledge. The activity lasted for 3 months, with a total of more than 300,000 participants, and achieved good publicity results.

In order to do a good job in anti-money laundering education for college students, Huaihua Branch of the People’s Bank of China, Huaihua Public Security Bureau and Hunan Medical College jointly signed a memorandum of cooperation on "Hunan Anti-money Laundering Education Pilot Base", and held the awarding ceremony of the base in Hunan Medical College, creating a new model of anti-money laundering education cooperation among banks, police and schools. The three parties also hired more than 20 teachers and students and anti-money laundering staff of financial institutions as the first batch of "Huaihua anti-money laundering propaganda volunteers", which is also the first "anti-money laundering propaganda volunteer service team" in Hunan Province, laying a solid foundation for the normalized anti-money laundering propaganda work in the future.

(2023 Huaihua Anti-Money Laundering Police-Bank Exchange Meeting)

Innovative supervision methods

In order to better guide corporate financial institutions within their jurisdiction to carry out self-assessment of money laundering risks and implement the concept of "risk-oriented", Huaihua Branch of the People’s Bank of China formulated the "Three-year Implementation Plan for Anti-money Laundering Supervision of Corporate Institutions in Huaihua City". The scheme clearly adheres to the principle of "being flexible before being rigid, combining rigidity with flexibility" in the application of anti-money laundering supervision methods. First, through flexible supervision means such as supervision visits, interviews and risk assessment, the money laundering risks of institutions are discovered, and the evaluated institutions are urged to rectify. For institutions that find major risks of anti-money laundering or fail to rectify problems in time, special anti-money laundering law enforcement inspections will be carried out.

In view of the problems found in on-site supervision, Huaihua Branch of the People’s Bank of China adopted the mode of "combining evaluation with training, and promoting training through evaluation" to give point-to-point and face-to-face training explanations on the problems existing in the anti-money laundering work of financial institutions. This practice of combining problems found in assessment with anti-money laundering training is a new exploration of Huaihua Branch of the People’s Bank of China in the construction of anti-money laundering teams in financial institutions. By promoting training and reform through evaluation, the quality and efficiency of anti-money laundering work in financial institutions have been comprehensively improved and the expected goals have been achieved.

(Huaihua Daily, all-media reporter Zhang Hongpeng, correspondent Wu Kaijun, Jiang Dingqing)