The Central Bank has issued new regulations: transactions of precious metals above 100,000 yuan must be reported, effective from August 2025.

Gate News bot message, the People's Bank of China issued the "Management Measures for Anti-Money Laundering and Anti-Terrorist Financing of Precious Metals and Gemstone Practitioners" on June 30, and this management measure has completed the public consultation process and will officially implement on August 1, 2025.

This management approach adjusts the regulatory standards for precious metal transactions, raising the threshold amount for large transaction reports from the original 50,000 yuan to 100,000 yuan. The new regulations apply to merchants engaged in the spot trading of precious metals and gemstones within the territory of the People's Republic of China, including precious metal and gemstone retail stores.

According to the management measures, institutions engaged in the industry must fulfill their AML obligations, accept AML supervision and management, and cooperate with relevant investigations. The management measures will include the entire industry chain of precious metals and gems into the scope of AML supervision.