FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Building of China Banking and Insurance Regulatory Commission headquarters

FILE: Beijing, China - Date Unknown (CGTN - No access Chinese mainland)
2. Building of China Securities Regulatory Commission headquarters

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
3. Various of Chinese yuan banknotes going through cash counting machine
4. Various of bank clerk counting Chinese yuan banknotes

FILE: China - Exact Date and Location Unknown (CGTN - No access Chinese mainland)
5. Bundles of Chinese yuan banknotes
6. Various of bank clerks serving customers, counting Chinese yuan banknotes

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
7. Bank of China headquarters
8. People walking past Bank of China sign
9. Various of bank's lobby, customers at bank counter, bank clerk at work

The China Banking and Insurance Regulatory Commission (CBIRC) has issued measures for financial institutions on combating money laundering and terrorism financing on Thursday in Beijing.

The measures are in accordance with the General Office of the State Council's guidelines on combating money laundering, terrorism financing and tax evasion.

According to the measures, financial institutions should put the risk management of money laundering and terrorism financing into the overall risk management system, and establish internal control system to combat money laundering and terrorism financing.

Besides, to prevent illegal organizations from money laundering and terrorism financing, shareholders, directors and senior managers should undergo criminal background investigation, and the legitimacy of sources of equity funds should also be examined.

In the future, the CBIRC will make amendments to the measures according to work needs, and improve the rules in combating money laundering and terrorism financing.