On 13th April 2021, the Director of GIF, Ms. Chu Un I, visited the AML Bureau of the People’s Bank of China (PBOC) in Beijing to exchange experience and strengthen bilateral communication, in relation to the Anti-Money Laundering, Counter-Terrorist Financing and Anti-Proliferation Financing laws and regulations as well as the relevant implementation. On behalf of the Secretariat of the “Asset Freezing Coordination Commission”, Director Chu also briefed the participants on the substance of the Asset Freezing Regime. In addition, during the visit, Director Chu was able to meet with the Director and Deputy Director of Anti-Money Laundering Bureau of the People’s Bank of China, Mr. Chao Kejian and Mr. Bao Mingyou, both acknowledged the work of Macao SAR Government in combating money laundering and indicated that they would continue to support the work and strengthen bilateral cooperation, so as to promote the effectiveness of implementation in the anti-money laundering related areas.

This exchange event received strong support from the Anti-Money Laundering Bureau. Not only that the meeting was personally chaired by the Deputy Director of the Anti-Money Laundering Bureau, Mr. Bao Mingyou, and that it was actively participated by division heads such as Mr. Cao Zuoyi, Director of International Division and Mr. Xu Qipeng, Deputy Director of International Division, but also that the Anti-Money Laundering Bureau and China Anti-Money Laundering Monitoring and Analysis Center sent officers to participate in the meeting and exchange views on-site, and that the AML units of branches of the People’s Bank of China across different provinces participated simultaneously through online connection. Around 170 persons participated in the exchange meeting.