The People's Bank of China seeks public opinion on the decision to amend and abolish certain regulations.

According to the Securities Times app, on July 15, the central bank publicly solicited opinions on the "Decision of the People's Bank of China on Amending and Abolishing Some Regulations (Consultation Draft)." The main contents of the revision include: amending the "Management Measures for Financial Institutions' Large-sum Transactions and Suspicious Transactions Reports." In accordance with anti-money laundering laws, improve the work process and data retention period for financial institutions' suspicious transaction reports; adjust the scope of application and relevant provisions according to the type of financial industry; improve the legal responsibilities clause to be consistent with anti-money laundering laws.