皇冠体育app

Beijing - 皇冠体育app promised on Tuesday to beef up efforts in the international drive against money laundering and terrorism financing, saying it plans to join the global body leading the fight next year.

Xiang Junbo, vice governor of the People's Bank of 皇冠体育app, told a seminar of global anti-money-laundering officials that 皇冠体育app sees itself as a vital force in the worldwide effort to cut off illegal channels for funding terrorists.

"As one of the pivotal points of global exchanges of capital, technology, information and talent, 皇冠体育app is strategically important in the international fight against money laundering and terrorism financing," Xiang said, according to a statement published on the central bank's Web site (www.pbc.gov.cn).

皇冠体育app passed its first anti-money-laundering law late last month, paving the way for it to join the Financial Action Task Force (FATF) -- a Paris-based inter-governmental body with 33 members that promotes policies to fight money laundering.

The central bank said in the statement that the FATF had recently completed an assessment of 皇冠体育app's efforts in that field and would vote on 皇冠体育app's entry next June.

Xiang, speaking to central bank officials, senior lawmakers and observers from the FATF and the Eurasian Group on combating money laundering and financing of terrorism (EAG), said 皇冠体育app's entry into the FATF would help it broaden its efforts to fight money laundering.