{"id":4919,"date":"2024-12-27T17:38:00","date_gmt":"2024-12-27T09:38:00","guid":{"rendered":"http:\/\/www.tocoin.com\/?p=4919"},"modified":"2024-12-27T18:01:13","modified_gmt":"2024-12-27T10:01:13","slug":"the-state-administration-of-foreign-exchange-issued-a-report-on-high-risk-transactions-such-as-illegal-cross-border-financial-activities-involving-virtual-currencies","status":"publish","type":"post","link":"http:\/\/tocoin.com\/index.php\/2024\/12\/27\/17\/38\/00\/4919\/","title":{"rendered":"The State Administration of Foreign Exchange issued a report on high-risk transactions such as illegal cross-border financial activities involving virtual currencies."},"content":{"rendered":"\n<p>On December 27th, it was announced by the State Administration of Foreign Exchange that the &#8220;Management Measures for Bank Foreign Exchange Risk Trading Reports (Trial)&#8221; have been released and are now in effect. The &#8220;Measures&#8221; are a supporting document for the &#8220;Management Measures for Bank Foreign Exchange Business (Trial)&#8221; and aim to strengthen bank foreign exchange risk management, identify, early warning and early disposal of high-risk transactions such as suspected false trade, underground banks, and illegal cross-border financial activities involving virtual currencies.<\/p>\n\n\n\n<p>The main contents include: clarifying the responsibility for bank foreign exchange risk trading reports, requiring the establishment of monitoring systems and submission of reports; specifying the scope of information reporting, including activities involving suspected illegal cross-border capital flows; clarifying the content of the report, such as basic information and proposed measures to be taken; strengthening internal management measures, including internal control systems and data confidentiality management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 27th, it was announced by the State Adminis [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"_links":{"self":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/4919"}],"collection":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/comments?post=4919"}],"version-history":[{"count":1,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/4919\/revisions"}],"predecessor-version":[{"id":4933,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/4919\/revisions\/4933"}],"wp:attachment":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/media?parent=4919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/categories?post=4919"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/tags?post=4919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}