Gazdasági Ismeretek | Menedzsment » Bank of Rizhao Measures for Anti-money Laundering Management

Bank of Rizhao Measures for Anti-money Laundering Management Chapter 1 Article 1 General Provisions In order to strengthen our anti-money laundering management, and standardize internal anti-money laundering actions, maintain safe operations, ensure regulatory compliance and sustainable healthy development, this measures is formulated according to "Anti-money Laundering Law of the Peoples Republic of China," "Provisions on the Anti-money Laundering through Financial Institutions", "Measures on the Administration of Financial Institutions Report of Large-sum Transactions and Suspicious Transactions”, "Measures on the Administration of Client Identity Identification and Materials and Transaction Recording of Financial Institutions”, “Measures of Jinan Branch of the Peoples Bank of China on Anti-money Laundering Key Doubtful Transactions Reporting and Management”, “Financial institutions report suspicious transaction management practices

suspected of terrorist financing” and other laws and regulations. Article 2 The term "anti-money laundering" herein refers to our act of adopting the relevant measures according to the provisions of the Anti-money laundering law to prevent any money laundering activity for the purpose of concealing or disguising, by all means, the sources and nature of criminal proceeds generated from any drug-related crime, organizational crime of any gangland, terrorist crime, crime of smuggling, crime of corruption or bribery, crime of disrupting the financial management order, crime of financial fraud, etc. Article 3 Our bank shall adhere to the principles of prudent identification, timely reporting, strict management and strict confidentiality for anti-money laundering. The relevant departments of our head office and our affiliated instituations shall strictly enforce the provisions of this measures and fulfill their anti-money laundering obligations in their daily operations.

Article 4 The main task of anti-money laundering is to establish and improve the internal control system of anti-money laundering, customer identification system, customer identity information and transaction record preservation system, large transaction and suspicious transaction reporting system, suspected terrorist financing suspicious transaction reporting system, involving terror Activities such as anti-money laundering information, and carry out anti-money laundering publicity and training; compliance operations; take preventive and monitoring measures to collect anti-money laundering information; report large transactions, suspicious transactions and related reports And information; with the Peoples Bank of China do a good job in anti-money laundering, crime prevention and control of money laundering, to fulfill the anti-money laundering obligations, to maintain financial stability. Chapter 2 Organization and Leadership Article 5 To establish Rizhao Bank anti-money

laundering leading group (hereinafter referred to as the leading group), which is the coordinating body of the leading group and the coordinating department of anti-money laundering work. It is the leading agency of Rizhao Banks anti-money laundering work and has overall responsibility for the anti-money laundering work of the institutions at all levels. In the Operations Management Department The head of the leading group is headed by the head of the branch. The deputy head of the leading group is headed by the head of the operation and management department. The Ministry of Science and Technology, the Ministry of Science and Technology, the Ministry of Finance, the Ministry of Finance, the Ministry of Finance, the Ministry of Audit, the Department of Risk Management, the Ministry of Finance, Business unit, investment banking and asset management department, corporate business department, financial market department, small business credit center and other anti-money laundering

related functions of the room responsible person. Article 6 Main responsibilities of the Directors, supervisors and senior executives: (1) Directors, supervisors and senior management of the Bank of anti-money laundering work negative leadership, regulatory responsibilities, bear the corresponding legal responsibility (2) The establishment of anti-money laundering specialized agencies or designated internal institutions responsible for anti-money laundering work; (3) In accordance with the provisions of the establishment of anti-money laundering internal control system, and to ensure that the internal control system of anti-money laundering can be effectively implemented; (4) The board of directors and the board of supervisors shall effectively supervise the senior management and supervise the senior management to supervise the financial practitioners of the Bank and prevent the participation of the insiders in the criminal activities. To ensure that we establish a reporting

mechanism for violations of the incident, to ensure that every employee has the right and through appropriate channels to report violations. (5) According to the regulatory requirements of Rizhao Bank to fulfill the obligations of anti-money laundering important matters to explain. Article 7 Main responsibilities of the Panel: (1) to lead the anti-money laundering at our bank according to the national laws and policies and the requirements of the Peoples Bank of China on anti-money laundering; (2) to research and develop our anti-money laundering plan and measures according to the requirements of the Peoples Bank of China on anti-money laundering; (3) to consider and approve our anti-money laundering regulations and rules and handling procedure; (4) to make proposals on how to punish organizations or individuals who violate the relevant anti-money laundering provisions under its jurisidiction; and (5) to make decisions and supervise other material anti-money laundering matters.

Article 8 The chairman shall lead the Panel and where necessary, entrust a deputy chairman to act on his or her behalf. Article 9 Main Responsibilities of Anti-Money Laundering Office: (1) to guide, inspect and supervise anti-money laundering within the jurisdiction of our Bank according to anti-money laundering laws and policies; (2) to organize or lead the drafting of anti-money laundering rules and regulations as well as operating procedures for Bank of Rizhao; (3) To make judgement on doubtful transactions reported by the institutions within the jurisdiction of our Bank and report them to the competent authorities upon confirmation; (4) to organize research into anti-money laundering and inspection on the relevant performance; (5) to organize anti-money laundering training and promotion; (6) to look after the communications between different anti-money laundering regulatory agencies; and (7) to handle other routine work assigned by the Panel. Article 10 Main

Responsibilities of Planning and Accounting: (1) to look after budgeting for anti-money laundering; (2) to look after centralized management of anti-money laundering expenses and control of various expenditures; (3) to look after identification and purchase of required equipment for anti-money laundering; (4) to handle other work assigned by the Panel. Article 11 Main Responsibilities of Operational Management: (1) to organize and implement training plans for anti-money laundering; (2) to look after guidance, inspection and supervision over the implementation of anti-money (RMB) laundering regulations; (3) to appoint a dedicated anti-money laundering officer of the Department to assist the Anti-Money Laundering Office; to report large and doubtful payment transactions within the jurisdiction of our Bank to the local branch of the Peoples Bank of China; (4) to look after implementation of the "know your client" system and the client account data and transaction record

keeping system in the accounting system; (5) to look after verification and analysis of doubtful payment transactions denominated in RMB reported by our branches and subsidiaries within the jurisdiction of our bank, and report those identified as doubtful transactions to the anti-money laundering center and the local branch of the Peoples Bank of China; (6) to guide and supervise the identification and reporting of large and doubtful payment transactions denominated in RMB; (7) to assist the competent authorities in investigation into alleged money laundering offenses; and (8) to complete other work assigned by the Panel. Article 12 Main Responsibilities of International Business: (1) to be responsible for the development of specific rules with respect to foreign exchange businesses and large and doubtful transactions for each branches and susidiaries in accordance with the requirements for anti-money laundering and the requirements of the SAFE; (2) to look after guidance, inspection

and supervision over the implementation of anti-money (foreign currency) laundering regulations; (3) to appoint a dedicated anti-money laundering officer of the Department to assist the Anti-Money Laundering Office; (4) to look after implementation of the "know your client" system and the client data and transaction record keeping system in foreign currency businesses; (5) to look after the reporting of no-individual/personal large and doubtful forex payment transactions; (6) to work with the competent authorities to identify doubtful foreign exchange transactions, and assist them in investigation into alleged money laundering offenses; and participate in organization and inspection of day to day anti-money laundering work; (7) to handle other work assigned by the Panel. Article 13 Main Responsibilities of Personal Banking: (1) to look after monitoring of doubtful payment transactions with respect to bank card and non-face to face banking (online banking and other

e-business) and report them to the clearing house at the head office in a timely manner; (2) to apply strict identity certification measures and corresponding technical guarantee means, intensify internal management procedures, and identify clients identities; and (3) to handle other work assigned by the Panel. Article 14 Main Responsibilities of IT: (1) to build an anti-money laundering system in accordance with the requirements of the Peoples Bank of China, extract and process business data to generate large transactions and doubtful transaction data for online automatic reporting/filing; (2) to look after the examination and maintenace of the anti-money laundering filing hardware, software and systems and provide appropriate technical supports; (3) to look after the development and optimization of anti-money laundering related IT systems as instructed by the Panel and provide scientific and technical support for the operation of anti-money laundering at our Bank; (4) to complete

other work assigned by the Panel. Article 15 Main Responsibilities of Security: (1) to assist Operational Management and International Business in verifying and analyzing doubtful transactions; (2) to receive and look into alleged money laundering offenes reported and report those obviously criminal to local public security offices according to the relevant procedure after panel discussion; and (3) to work with public security offices for investigation into money-laundering cases. Article 16 Main Responsibilities of Internal Audit: to look after inspection and supervision over the implementation of anti-money (foreign currency) laundering internal control enterprise-wide. Article 17 Main Responsibilities of Service Outlets: (1) to set up special anti-money laundering posts, explicitly arrange full-time staff members for anti-money laundering and complete data collection and preliminary analysis of large and suspicious transactions; (2) to strictly enforce establish a client

identity identification system, establish client information database and keep transaction records according to the relevant provisions; (3) to report large and doubtful payment transactions according to the relevant provisions in a timely manner; (4) to submit a written report to the local branch of the PBC in a timely manner and the local public security offices if suspected criminal acts are detected during the course of anti-money laundering. (5) to assist the competent authorities in investigation into alleged money laundering offenses; and (6) to handle other work assigned by the Panel. Article 18 Panel members shall help report large and doubtful financial transactions within their scope of business, and shall not impede the performance of anti-money laundering obligations in any way. Chapter 3 Article 19 Client Identity Identification A service outlet shall not provide any service to or have trade with any client who cannot clarify his identity or establish any anonymous

or pseudonymous account therefor. Article 20 When a service outlet opens a personal deposit account for an individual client, it must strictly conform to the "The Provisions Concerning the Real-Name Personal Savings Account System”, require the client to show the valid identity documents of themselves and their agents, strictly check the name, ID number and photo on the identity document of the depositor, register their name, ID number, address and telephone number as required, and keep copies or photocopies of the valid IDs of themselves and the their agents. For those depositors shows their citizenship ID card, it is required to verify the citizen identity information online, so as to effectively prevent depositors from faking identity documents or fraudulently use others’ identity documents to open a personal deposit account. Article 21 When a service outlet opens a business settlement account for a depositor, it shall ask the client to show certifying documents in

accordance with the relevant provisions of Measures for the Administration of RMB Bank Settlement Accounts on account management. For opening a basic deposit account, it is also required to complete "Application Form for Institutioinal Credit Code for an institutional credit code certificate. For opening an account other than a basic deposit account, the depositor shall provide its institutional credit code certificate and the bank shall verify it by logging into the institutional credit code management system. A service outlet shall carefully check the authenticity, completeness and legality of account opening materials submitted by the client, and keep the copies and/or photocopies of the account opening documents and institutional credit code certificate. Article 22 In case the legal representative or the chief operating officer of a business authorize one of its employees to open a settlement account for the business, a service outlet shall carefully examine the employee ID

of the authorized person, and can’t open an account until the authorized person is confirmed to be the employee of the authorizing business with effective measures. Article 23 In case that a single natural person as the specific contact open settlement accounts of two or more businesses, or a single natural person is the legal representative or chief operating officer of two or more businesses, or the settlement accounts of two or more businesses have the same contact telephone number and address, in addition to verification of account opening documents provided by the depositor, a service outlet shall take one or more extra measures to confirm the identity of the depositor, such as follow-up visits, field visits, and checking with public security offices and/or industry and commerce administration, with special focus on payment transactions in the associated accounts. For those that are suspected to be payment transactions involving criminal activities with reasonable grounds,

they shall be reported as doubtful transactions to China Anti-Money Laundering Monitoring and Analysis Center (CAMLMAC). Article 24 Where a service outlet provides a client who has not opened an account in the institution with one-off financial services such as cash remittance, cash exchange, negotiable instrument cashing, etc., and the single sum of transaction amounts to 10,000 Yuan (inclusive) or more or to an equivalent value of USD 1,000 (inclusive) or more in a foreign currency, it shall identify the clients identity, get information about the natural person who actually controls the client and the actual beneficiary of the transaction, must check the clients valid identity certificate or other identity certification document, register the clients basic identity information, and preserve a photocopy of the valid identity certificate or other identity certification document. If the client is a foreign political leader, the office, branch or subsidiary shall get approval from the

senior management staff when opening an account for him. If the client is a business, it is also required to check its institutional credit code certificate and keep its copies and/or photocopies. Article 25 When verifying the identity of a client, a service outlet can take one of the following measures: (1) to check the validity of his/her identity certificate or another identity certification document; (2) to request explanation from the client; (3) to request the client to provide additional identity materials or identity certification documents; (4) to pay a return visit to the client; (5) to pay an on-site visit; (6) to verify the facts by inquiring the public security office or the industrial and commercial administration; and (7) Other measures which may be taken according to law. Article 26 A service outlet shall, when providing safety deposit box services, understand and record the basic ID information of the actual user of the safety deposit box. Article 27 A service

outlet shall, when remitting funds abroad for a client, register the information such as the remitters name, account number and domicile as well as the payees name and domicile, etc., preserve the aforesaid information on the remittance vouchers or in the relevant information system, and provide the overseas remittance recipient institution with the information including the remitters name, account number and domicile. If the remitter has not yet opened an account in the office, branch or subsidiary, and thus the office, branch or subsidiary is unable to register the remitters account number, the office, branch or subsidiary may register the overseas remittance recipient institution and provide it with other relevant information, so as to guarantee that the audit of the sum of transaction may be followed up. If the overseas payees domicile is unclear, the office, branch or subsidiary may register the name of the locality of the overseas remittance recipient institution. When receiving

remittance from abroad, our bank shall, if finding the remitters name, account number or domicile is missing, require the overseas institution to make it up. If the remitter has not yet opened an account in the overseas institution handling the remittance business, and thus the domestic remittance recipient service outlet is unable to register the remitters account number, it may register other relevant information so as to guarantee that the audit of the sum of transaction may be followed up. If the overseas remitters domicile is unclear, the service outlet may register the name of the locality where the funds are remitted out. When handling cross-border inward remittances, if some of the information required by this article is not provided, the office, branch or subsidiary can credit the remittances into the corresponding account first and then request the additional information from the overseas financial institutions. If the overseas financial institutions don’t provide our

Bank the information required under this Article, such as remitting account and remiaddress, alternative information, such as transaction IDs and locations of overseas financial institutions, can be directly registered, without requesting additional information from the overseas financial institutions transaction by transaction. 1． Financial institutions domociled in the countries/regions that have joined the Financial Action Task Force (hereinafter referred to as the FATF). 2． Financial institutions domociled in the countries/regions that haven’t joined FATF but promised to strictly enforce FATF "40 + 9" anti-money laundering and anti-terrorist financing standards. Article 28 a service outlet shall, when providing clients with non-on-counter services by making use of ATM, online banking, telephone banking or by other means, set up a contract signing step, apply strict identity certification measures, intensify internal management procedures, and verify the type and

number of a client’s identity certificate(s) before providing requested services. Article 29 A service outlet shall classify risk grades according to the characters of clients or the attributes of accounts, and in view of such factors as territory, business, industry, and whether the clients are foreign political leaders. It shall also, on the basis of continuing attention, adjust the risk grade at proper times. For specific operational requirements, see " Money laundering and terrorist financing risk assessment and Rizhao Bank customer risk rating criteria”. Article 30 When a client entrusts an agent to handle the transaction on its behalf, a service outlet shall strictly check the validity of identity certificates or other identity certification documents of both the client and the agent, and register in detail the names, methods of contact, and the type and number of the identity certificates or other identity certification document of both. At the same time, the

service outlet shall confirm the existence of the agency relationship by contacting the client and keep call minutes and other communication information. Where a service outlet handles a single sum of cash depositing or drawing business for a client who is a natural person, with the amount at 50,000 Yuan (inclusive) or more or at an equivalent value of USD 10,000 (inclusive) or more in a foreign currency, it shall check the validity of the identity certificate or other identity certification document of the client. When a client entrusts an agent to handle single cash transaction of more than 50,000 Yuan (inclusive) on its behalf, a service outlet shall strictly check the validity of identity certificates or other identity certification documents of both the client and the agent keep the carbon copies or photocopies of the identity certificates of both. Article 31 During the existence of the business relation with a client, a service outlet shall take continuing client identity

identification measures, pay attention to the client, its daily business activities and financial transactions, and timely remind the client to update information. If the institutional credit code certificate presented by a business client is still in its valid period, but the client fails to submit it to the credit reference center or the subsidiaries and branches of the Peoples Bank of China for confirming its validity as required, a service outlet shall require the client to get its validity volidated according to the relevant procedure. With respect to a high-risk client or high-risk account holder, a service outlet shall have good knowledge about the information on its fund sources, fund uses, economic conditions or business conditions, etc., strengthen its monitoring and analysis of the financial transaction activity If the client is a foreign digintaries, the service outlet shall take reasonable measures, such as document verification and inquiry to know about its fund sources

and uses. Article 32 A service outlet must regularly review the saved client data, and if the identity certificate or identity certification document previously submitted by a client has expired, the service outlet can’t provide the client any service until its new identity certificate or identity certification document is submitted. Article 33 A service outlet must inquire about the purpose and nature of the transaction of the client and effectively identify the beneficiary of the transaction as required; Article 34 In case any of the following circumstances arises, a service outlet shall re-identify the client: (1) The client requests to modify its name, type of identity certificate or identity certification document, identity certificate number, registered capital, scope of business, legal representative or person-in-charge. (2) The clients acts or the transaction is abnormal; (3) The clients name is identical to the name of the criminal suspect, money laundering

offender or financing terrorist to whom the relevant department or institution of the State Council or the judicial organ lawfully requires the financial institution to assist in investigation or to pay attention. (4) The client is suspected to have committed any money laundering or terrorist financing activity; (5) The information obtained by the service outlet is inconsistent with or contradictory to the relevant previously collected information; (6) The authenticity, validity or entirety of the previously obtained client identity materials is doubtful; and (7) Other circumstances under which a service outlet believes that the clients identity shall be re-identified. For those cases where doubts can’t be ruled out after reasonable measures is taken, doubtful transaction reports shall be submitted. Article 35 The operating agencies shall report the following suspicious activities to the China Anti-Money Laundering Monitoring and Analysis Center and the local branches of the

Peoples Bank of China in fulfilling their customer identification obligations: (1) The customer refuses to provide a valid identity document or other identification document. (2) The applicants name and name, the remitters account and the remitters residence and other relevant alternative information can not be obtained after the request is made to the overseas institution importing funds from the territory. (3) The customer has no reason to refuse to update the customers basic information. (4) After taking the necessary measures, still doubt the authenticity, validity and completeness of the previously obtained customer identity information. Other suspicious behavior found when fulfilling customer identification obligations. Chapter 4 Article 36 Client Materials and Transaction Recording The client identity materials which a service outlet ought to preserve shall include the various records and materials on the clients identity information that are collected during its

obligation to identify clients or reflect its client identity identification work. The transaction records which a service outlet ought to preserve shall include the data information, business vouchers and account books on each sum of transaction, as well as the contracts, business vouchers, documents, business letters and other materials as required by relevant provisions to reflect the true facts of the transaction. Article 37 A service outlet shall properly preserve the clients identity materials, as well as the relevant materials, such as the data, business vouchers, account books, which can reflect each transaction and prevent client identity materials and transaction records from being lost or damaged, and to prevent clients identity information and transaction information from being divulged. Article 38 A service outlet shall preserve client identity materials and transaction records according to the following terms: (1) The client identity materials shall be preserved for

at least 15 years as of the date when the business relationship was ended or the date when the one-off transaction was recorded on the account, and a service outlet shall appoint a dedicated person for archiving. (2) Transaction records shall be preserved for at least 15 years as of the date when the transaction was recorded on the account; and shall be kept by the service outlet for one year after the year of transaction and then transferred to the Archiving Department of the Head Office (Branch). (3) If relating to doubtful transaction reports that have been submitted according to the law, the transaction records must be kept for at least 15 years from the date when the doubtful transaction report concerned is submitted, and the client identity materials shall be preserved for at least 15 years as of the date when the business relationship is ended or the date when the one-off transaction is recorded on the account; (4) Where there are client identity materials or transaction

records of different preservation terms stored on the same medium, they shall be preserved for the longest term. If the same group of client identity materials or transaction records are preserved on different media, the client identity materials or transaction records on at least one medim shall comply with the requirements on the preservation term. Chapter 5 Reporting of large and/or doubtful transactions Article 39 a service outlet shall set up special anti-money laundering posts and explicitly arrange full-time staff members for anti-money laundering; Article 40 a service outlet and its relevant staff members shall keep strictly confidential the secret information relating to anti-money laundering, and shall not disclose any information about large and doubtful transactions to any entity or individual unless otherwise required by the law and regulations. Article 41 A service outlet shall, within 4 working days after the occurrence of a large transaction, timely report

to the clearing house, which in turn shall, within 5 working days after the occurrence of the large transaction, send a report about the large transaction to the China Anti-Money Laundering Monitoring and Analysis Center in an electronic manner. Article 42 A service outlet shall, within 8 working days after the occurrence of a doubtful transaction, timely report to the clearing house, which in turn shall, within 10 working days after the occurrence of the doubtful transaction, send a report to the China Anti-Money Laundering Monitoring and Analysis Center in an electronic manner. Article 43 The business organizations shall fill in the "Report on the Analysis of Key Transactions of Suspicious Transactions in Financial Institutions" within 5 working days after the occurrence of the key suspicious transaction. Rizhao area business organizations need to report anti-money laundering office; branches under the jurisdiction of the business reported to the branch. The Anti-Money

Laundering Office of the Head Office and the branches shall report to the local peoples bank within 10 working days after the occurrence of the key suspicious transaction. The branches shall submit the above information to the Anti-Money Laundering Office of the Head Office at the same time. Article 44 A service outlet shall report the following large transactions to the CALMAC through its clearing house: (1) A single transaction or the total of RMB transaction (s) or foreign currency transaction(s) on the current day in the form of deposit of cash, withdrawal of cash, settlement or sale of foreign exchange in cash, exchange of notes, cash remittance, payment of cash instrument, which reaches 200, 000 yuan or more, or which reaches the equivalent value of USD 10, 000 or more; (2) A single transfer or the total of transfers on the current day between the bank accounts of legal persons, other organizations and individual and individual commercial households reaches 2 million yuan more,

or which reaches the equivalent value of USD 200, 000 or more (3) A single transfer or total of transfers on the current day between the bank accounts of natural persons, or between the bank account of natural person and the bank account of a legal person, any other organization or individual industrial and commercial household, which reaches 500, 000 yuan or more, or which reaches the equivalent value of USD 100, 000 or more; (4) A single transnational transaction or the total of transnational transactions on the current day, to which one party is a natural person and which reaches the equivalent value of USD 10, 000 or more. The aggregate amount of transactions shall be based on a single client, of which the receipts and payments of money shall be calculated accumulatively and be reported, unless it is otherwise provided for by the PBC. Article 45 For same natural persons who has opened more than 10 personal settlement accounts with our bank, service outlets shall treat their

accounts as key accounts to monitor; for those that are suspected to have payment transactions involving criminal activities on reasonable grounds, they shall be included in doubtful transaction reports to CAMLMAC; For those obviously suspected to involve criminal activities, they shall also be reported to the local branch of the Peoples Bank of China. Article 46 For a large transaction which meets any of the following conditions, the service outlet is not required to submit a report if it does not find anything doubtful: (1) After a time deposit is due, it is not directly drawn or transferred, instead the principal or the principal plus all or part of the interests thereof is deposited in a different account opened within a same financial institution with the same account name. The principal or principal of the demand deposit plus all or part of the interest to the time deposit in another account under the same account opened by the same financial institution.The principal or the

principal plus all or part of the interests thereof of a time deposit is changed into a demand deposit within a different account opened within a same financial institution with a same account name. (2) The conversion between different foreign currencies during the course of a firm foreign exchange transaction of a natural person; (3) Any large-sum transaction, to which any of the Party organs at various levels, state organs of power, administrative organs, judicial organs and military organs, the Chinese Peoples Liberation Army or Armed Police Force, or the National Committee of the CPPCC or CPPCC local committees is a party, excluding any enterprise or institution subordinate to any of them. (4) Funding among the financial institutions or bond transaction conducted in the inter-bank bond market; (5) Any gold transaction conducted by a financial institution in a Gold Exchange; (6) Appropriation of fund within a financial institution; (7) Any transaction under the on-lending

business of a loan granted by an international financial organization or by a foreign government; (8) Any debt swap transaction under a loan granted by an international financial organization or by a foreign government; (9) The tax collection, correction of wrong accounts or payment of interests initiated by any commercial bank, urban credit cooperative, rural credit cooperative, postal savings institution or policy bank; and (10) Other circumstances as determined by the PBC. Article 47 A service outlet shall report any of the following transactions or activities as a doubtful transaction: (1) Separate inward transfer and concentrative outward transfer, or concentrative inward transfer and separate outward transfer of funds within a short term, which is obviously inconsistent with the identity, financial status or business of the client; (2) Frequent receipt and payment of funds between the same recipient and payer within a short term, with the transaction amounts on the verge of the

large-sum criterions; (3) Frequent receipt of remittances within a short term that are obviously irrelevant to the business of a legal person, any other organization or individual industrial and commercial household as the recipient, or a natural-person clients frequent receipt of remittances from a legal person or any other organization within a short term. (4) Any account left unused for a long time is unexpectedly used for unclear reasons, or there are abnormal funds flowing into the account, in which the flow of funds is small usually, and there are a large number of fund receipts and payments within a short term. (5) Obvious increase of commercial activities between the clients in areas with serious drug trafficking, smuggling, terrorist activities, gambling or off-shore financial center for tax avoidance, accompanied by frequent fund payments within a short term. (6) Frequent opening and cancellation of accounts, with a large number of fund receipts and payments occurring

before the cancellation of accounts. (7) Repayment of any loan ahead of schedule, which is obviously inconsistent with the clients financial status. (8) The better part of the RMB fund for the purchase of foreign currencies for making investments abroad is cashed or transferred from any bank account of a different name; (9) Any client requests for a swap business between the home currency and a foreign currency, but the source and purpose of its fund are doubtful. (10) Any client frequently deposit travelers checks opened abroad or drafts in a foreign-currency, which are inconsistent with its status quo of business operation. (11) After foreign-funded enterprise makes an investment in the form of foreign currency cash or receives the investment fund, it transferred the fund abroad rapidly, which is inconsistent with the payment for its production and business operation. (12) The amount of capital contribution made by the foreign party of any foreign-funded enterprise exceeds the

approved amount or direct foreign debt, and the said capital was remitted from a third country in which it has no connected enterprise. Article 48 If a service outlet has justifiable reasons to consider that any of the cash withdrawal is related to money laundering, terrorist activity or any other illegal activities or crimes, it shall report to both CAMLMAC and the local subsidiaries and branches of the PBC as required. Article 49 The term “key doubtful transaction” herein refers to: (1) Doubtful transactions where a service outlet, during the course of performing the anti-money laundering obligation, finds any suspected crime, and shall timely submit a written report to the local subsidiaries and branches of the PBC and to the local public security office.(Article 13, Provisions on the Anti-money Laundering through Financial Institutions); (2) Doubtful transactions that involve a client of a service outlet during the process of judicial and law enforcement investigations,

and economic cases involving the financial institution; (3) Doubtful transactions where a service outlet shall analyze and identify in the reports that it submits to the CALMAC according to these Measures, if it has justifiable reasons to consider that any of the said transactions or any client is related to money laundering, terrorist activity or any other illegal activity or crime, it shall simultaneously report to the local branch institution of the PBC and help the PBC to carry out administrative investigations of anti-money laundering.(Article 15, Measures on the Administration of Financial Institutions Report of Large-sum Transactions and Suspicious Transactions); (4) Doubtful transasctions where a service outlet finds out or has good reasons to suspect that any client or his/its trading counterpart is related to one of the terrorism organization or terrorist (suspect) lists published by the relevant department or institution of the State Council, judicial authorities, the

Security Council of the United Nations or the Peoples Bank of China, it shall immediately submit a report to CALMAC and the local branch of the Peoples Bank of China, and adopt measures according to law as required by the relevant competent department (Article 9, Administrative Measures for Financial Institutions Report of Transactions Suspected of Financing for Terrorist Purposes): (5) Doubtful transactions where a service outlet shall, when performing the obligation of client identity identification, report the following suspicious acts to China Anti-Money Laundering Monitoring and Analyzing Center and the local branch of the Peoples Bank of China (Article 26, Measures on the Administration of Client Identity Identification and Materials and Transaction Recording of Financial Institutions): Any client refuses to provide a valid identity certificate or any other identity certification document; After it requires the overseas institution that remits funds into China, it is still

unable to entirely obtain the remitters name, account number, domicile or other relevant substitutive information; The client has no justifiable reason to refuse to update its basic information; After taking necessary measures, it still doubts the authenticity, validity or entirety of the previously obtained client identity materials; Other doubtful acts found in its performance of the obligation of client identity identification; and (6) Other key doubtful transactions suspected to involve criminal activities. Article 50 A service outlet shall analyze and identify all transactions involved in the doubtful transactions reports, if it has justifiable reasons to consider that any of the said transactions or any client is related to money laundering, terrorist activity or any other illegal activity or crime, it shall simultaneously report to the local branch institution of the PBC and help the PBC to carry out administrative investigations of anti-money laundering. Article 51 Where a

large-sum transaction falls into the category of large-sum transactions but also into the category of doubtful transactions, a service outlet shall submit a report of large-sum transaction and a report of doubtful transaction, respectively. Where a transaction simultaneously meets two or more criterions for large-sum transactions, the service outlet shall submit different reports of large-sum transaction. Article 52 Where the amount of a single transfer from a corporate bank settlement account to a personal bank settlement account is 50,000 yuan or more, if the depositor indicates the reason in the column of purpose of payment or the remarks column, it can no longer provide a cause for payment separately. However, for any suspicious transaction with one or more of the following characteristics, the bank shall terminate the online bank transfer function of the corporate bank settlement account, and request the depositor to handle the transfer at a bank counter and provide a cause

for payment in writing or relevant certificates. If the depositor fails to provide relevant cause for payment or the relevant cause does not conform to relevant provisions, the bank shall refuse to handle the transfer: (1) concentrated transfer of funds into an account, and decentralized transfer of funds out of this account, with cross-regional transactions; (2) rapid inflow and outflow of funds in the account, without any balance left or with a certain percentage of balance left, with evidently transitional nature; (3) split transactions to deliberately circumvent the limits for transactions; (4) the amount of funds in the account is large, and the amount of external receipts and payments is clearly inconsistent with the business scale and business activities of the entity; or (5) Other doubtful circumstances. Article 53 A service outlet shall, according to the requirements of the People’s Bank of China, complete and accurate transaction information and make electronic documents

on reports of large-sum transactions and reports of doubtful transactions. Article 54 a service outlet shall review and analyze large and doubtful transactions and if suspected money laundering is found, shall report it in accordance with prescribed procedures in a timely manner. Article 55 Materials that a service outlet submits to the Peoples Bank of China and SAFE, such as anti-money laundering reports and statements shall be preserved by referring to the storage duration and method of account information and transaction records. Article 56 A service outlet shall assist the judicial entity and administrative law enforcement entity in cracking down the money laundering activities and help judicial, customs and taxation departments inquire about, freeze or withhold the deposits of clients according to the relevant laws and administrative regulations. Article 57 A service outlet shall report in a timely manner to the Panel Office of the Bank major issues of its anti-money

laundering activities within its jurisdiction. Chapter 6 Article 58 Suspected terrorist financing suspicious transaction reporting system The terrorist financing referred to in the present Measures refers to the following acts: (1) Terrorist organizations, terrorists to raise, occupy, use funds or other forms of property. (2) To assist terrorist organizations, terrorists and terrorism, terrorism, terrorist or other forms of property. (3) For the possession and use of terrorism and the commission of funds or other forms of property. (4) For terrorist organizations, terrorists to occupy, use and raise funds or other forms of property. Article 59 The Rizhao Bank Anti-Money Laundering Leading Group is responsible for monitoring and inspecting suspicious transactions involving suspected terrorist financing. The Office of Anti-Money Laundering is responsible for the implementation of specific operations. Article 60 The business organizations shall report the electronic transactions

within 4 working days after the suspicious transaction involving suspected terrorist financing. Each branch, the Arashiyama Center Sub-branch business organization shall submit to the branch or the central branch, the branch and the central branch within 3 working days to complete the summary analysis and reported to the head office anti-money laundering office; sunshine area (including Wulian Juxian) The anti-money laundering office shall submit the anti-money laundering monitoring and analysis center in China within 10 working days after the relevant circumstances. Article 61 Rizhao Bank Anti-Money Laundering Office is the body responsible for receiving, analyzing and reporting suspicious transaction reports suspected of terrorist financing. Responsible for receiving suspicious transaction reports of suspected terrorist financing reported by various business organizations. If the China Anti-Money Laundering Monitoring and Analysis Center finds that the suspicious transaction

report in the suspected terrorist financing report is incomplete or there is a false request for correction, the Anti-Money Laundering Office must check within 2 working days from the date of receipt of the notice Verification, if not verified to be submitted to the original business organization to issue a correction notice, the business organization must receive a notice of correction within 2 working days to complete the inspection and verification and feedback correction information. The Anti-Money Laundering Office completes the correction to the China Anti-Money Laundering Monitoring and Analysis Center within one working day after receiving the corrective feedback on the business structure. Article 62 Fraudulent transaction reports are legally protected by staff members at all levels that fulfill their obligations to fight terrorism. Article 63 Each business organization suspects that clients, funds, transactions or attempted transactions are associated with terrorism,

terrorist offenses, and terrorist organizations, terrorists, persons engaged in terrorist financing activities, regardless of the amount of funds involved or the size of the property To submit a suspicious transaction report suspected of terrorist financing. The specific circumstances of the submission of suspicious transaction reports include but are not limited to the following: (1) suspicion that the client has raised or attempted to raise funds or other forms of property for terrorist organizations, terrorists and terrorist offenses. (2) suspicion that the client provides or attempts to provide funds or other forms of property for terrorist organizations, terrorists, persons engaged in terrorist financing activities, and terrorist acts. (3) suspicion that the client is a terrorist organization, a terrorist that preserves, manages, operates or attempts to preserve, manage, operate funds or other forms of property. (4) suspicion that the client or his counterparty is a terrorist

organization, a terrorist, and a person engaged in terrorist financing activities. (5) suspicion that funds or other forms of property are derived from or will come from terrorist organizations, terrorists and persons engaged in terrorist financing activities. (6) suspected funds or other forms of property used or will be used for terrorist financing, terrorist acts and other terrorist purposes, or suspected funds or other forms of property by terrorist organizations, terrorists, engaged in terrorist financing activities. (7) The business establishments and their staff have reasonable grounds to suspect that funds, other forms of property, transactions, customers and terrorism, terrorist activities, terrorist organizations, terrorists, other persons involved in terrorist financing activities. Article 64 If the business organization finds or has reasonable reason to suspect that the client or his counterparty is related to the following list, it shall submit a suspicious transaction

report suspected of terrorist financing and take measures according to the requirements of the relevant competent department. (1) the relevant departments of the State Council, the organization issued a terrorist organization, the list of terrorists. (2) the list of terrorist organizations and terrorists issued by the judiciary. (3) List of terrorist organizations and terrorists listed in the UN Security Council resolutions. (4) the list of other terrorist organizations and terrorist suspects that the Peoples Bank of China is concerned with. Laws and administrative regulations on the list of the other provisions of the monitoring, to comply with its provisions. Article 65 In accordance with the "Report on the Management of Large Transactions and Suspicious Transactions of Financial Institutions" (issued by the Peoples Bank of China [2006] No. 2) and the relevant reporting and reporting formats, Prescribed execution Chapter 7 Involving the freezing of assets management

system of terrorist activities Article 66 The business organizations shall, in strict accordance with the list of terrorist organizations and terrorist personnel issued by the Ministry of Public Security, freeze the assets and decide to freeze the relevant assets according to law. Article 67 The Legal Compliance Department is the asset management department designated by the Bank in relation to terrorist activities. The agency designated to pay attention to, receive and timely control of terrorist organizations and terrorist activities of the list of changes in the situation; after the need for timely investigation of anti-money laundering office, and by the anti-money laundering commissioner embedded in the anti-money laundering report software, while the next To all business establishments. Article 68 Where any business organization discovers the assets owned or controlled by terrorist organizations and terrorist personnel, it shall immediately take measures to freeze the

measures. Where the terrorist organization and the terrorist personnel have any measures to freeze the assets jointly owned or controlled by others, but the assets can not be divided or determined in the case of freezing measures, the business organizations shall take measures to freeze together. In accordance with the provisions of Article XI of the collection of money or transferee of assets, the business organizations should take measures to freeze. Article 69 After the freezing measures are taken by each business organization, the amount, ownership, location and transaction information of the assets shall be immediately reported to the branch of the head office and the branch and central branch of the head office in electronic form, Form to the county where the assets of the county level public security organs and municipal and county state security agencies to submit, at the same time copy the assets of the Peoples Bank of China branch offices. Article 70 After the freezing

of measures, the business institutions shall, in addition to the requirements of the Peoples Bank of China and its branches, public security organs and national security organs, promptly inform the customers and explain the basis and reasons for the freezing measures. Article 71 The business organizations and their staff members shall assist them in accordance with the law, cooperate with the public security organs and the national security organs to investigate, investigate and provide information, data and related assets related to terrorist organizations and terrorist personnel. The business organizations and their staff members shall assist them in accordance with the law, and cooperate with the anti-money laundering investigation of the branches of the Peoples Bank of China and its provincial (city) city center sub-branches to provide information on the assets of terrorist organizations and terrorist personnel. Article 72 The business information of the business organizations

and their staff concerned in relation to the measures to be taken shall be kept confidential and shall not be provided and disclosed to any unit or individual in violation of the provisions, and shall not notify the owner, the controller of the asset before freezing the measures Or the manager. Article 73 Where a business organization has reasonable grounds to suspect that the client or its counterparties and related assets are involved in terrorist organizations and terrorist personnel, they shall report suspicious transactions in accordance with the provisions of the Peoples Bank of China and shall, in accordance with the law, report to the public security organs, the State security organs report. Article 74 The business organizations shall not arbitrarily remove the freezing measures. In any of the following circumstances, the business organizations shall immediately rescind the freezing measures and carry out the reporting procedures in accordance with the provisions of

Article 69 of these Measures: (1) the Ministry of Public Security announced the activities of terrorist organizations and terrorist groups have been adjusted, no longer need to take measures to freeze; (2) the Ministry of Public Security or the Ministry of National Security found that the business institutions to take the freeze measures are in error and written notice; (3) Where the public security organ or the state security organ investigates and investigates the terrorist activities according to law, it shall otherwise require and notify in writing the handling of the assets concerned; (4) The effective ruling made by the people s court has a clear requirement for the handling of the assets concerned; (5) other circumstances as prescribed by laws and administrative regulations. Article 75 During the period when the assets involved in terrorist activities are subject to freezing measures, one of the following circumstances shall be met: the relevant account may be charged for

collection or transfer of assets: (1) to collect the fruits and other proceeds from the assets to which the freezing measures are taken; (2) the right to indemnity (3) Transaction orders that are in force before the publication of the list of persons who do not affect the normal securities, futures trading order, the implementation of terrorist organizations and terrorist activities. Article 76 The owner of the asset, the controller or the manager may apply to the public security organ at the county level where the asset is located, if necessary for the use of the asset to be taken as a result of the basic living expenses and other special reasons. The business organization shall handle the relevant assets in accordance with the designated use, amount and manner after receiving the notice of handling the public security organ. Article 77 The management and disposition of assets of the business institutions in accordance with these Measures shall be carried out in accordance with

the relevant provisions of the Peoples Bank of China, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission Implementation; not specified, with reference to the public security organs, the state security organs, the relevant provisions of the procuratorial organs. Article 78 Where an asset owner, a controller or a manager has any objection to the freezing measures taken by each business organization, he shall raise an objection to the public security organ at the county level where the asset is located. After receiving the notice from the public security organ that has accepted the objection, the business organization shall decide whether to cancel the freezing action according to the notification request. Article 79 Where an overseas relevant department is required to suspend the relevant assets and provide customer identity information and transaction information on the grounds that it involves

terrorist activities, the business organizations shall inform the other party of the request through diplomatic channels or judicial assistance channels; Unauthorized measures to take, not unauthorized to provide customer identity information and transaction information. Article 80 Where a staff member of a business institution or a management institution violates the provisions and leaks the work secret to cause the assets to be illegally transferred, concealed or frozen, the other property is damaged in accordance with the relevant provisions, and the person who is suspected of constituting a crime shall be transferred to the judicial organ Shall be held criminally responsible. Chapter 8 Article 81 Confidentiality A service outlet and its relevant staff members shall strictly adhere to Article 15, Provisions on the Anti-money Laundering through Financial Institutions, and keep confidential the secret information relating to anti-money laundering and shall not disclose any

confidential information according to the requirements hereof. Article 82 For those responsible for discolosing confidential information related to anti-money laundering, the anti-money laundering panel at the head office will deal with them according to the relevant provisions of Anti-money Laundering Law of the Peoples Republic of China and Bank of Rizhao Interim Disciplinary Actions Against Violating Employees; Those who have crimal activities shall be transferred to judicial departments and subject to criminal liabilities. Article 83 a service outlet and its relevant staff members shall keep confidential the following information and data: (1) Information and materials about large and doubtful transactions generated by a service outlet in its anti-money laundering activities as well as information on entities participating in doubtful transactions; (2) documents and information relating to doubtful account or transactions that the Peoples Bank of China requires banks to help

investigate or pay close attention to in onsite and/or off-site investigations; (3) documents and information relating to doubtful account or transactions that the Peoples Bank of China requires banks to help investigate or provide during its supervision and monitoring over banks; (4) Findings that banks produce according to the requirements of the Peoples Bank of China for investigation assistance and relevant documents and information reported to the Peoples Bank of China; (5) "Administrative Punishment Opinion Notification", and “Administrative Punishment Verdict” and other relevant documents and information stating the names of the parties concerned in a doubtful transaction or transaction records; (6) relevant information and materials that impose threats to the source of intelligence or lead to other serious consequences after being disclosed; (7) other confidential information according to the anti-money laundering provisions; and (8) Information and materials for

the confidentiality of which the Peoples Bank of China explicitly requires security measures and close attention. Article 84 A service outlet shall use its internal network rather than the Internet to file encrypted anti-money laundering electronic files to the clearing house of the head office. Where magnetic media is used to file electronic files, the magnetic media shall be exclusively used for this purpose and files shall be removed from it immediately after use. Article 85 A service outlet shall not allow irrelevant person to carry or deliver anti-money laundering information and materials; documents and inspection reports generated form anti-money laundering activities shall be marked with the word "Confidential” or “classified”; and various investigation information shall be managed as classifed records. Article 86 when addressing the requests from the competent authorities for inquiry, freezing and withholding during its daily operation, a service outlet

shall appoint a dedicated employee to look after them as required. During handling such requests, a registry shall be created to record major issues with signatures from parties in question; the registry and relevant documents such as inquiry, freezing or withholding notices shall be managed as classified archives. Article 87 Where a service outlet and its relevant staff copy or extract relevant confidential information and data, the copies and extracts shall be protected with the same security measures as their originals. Unless really necessary, after the relevant job is done, the copies and extracts shall be taken back and destroyed. Article 88 A service outlet shall strictly control the scope of participants and restrict access to confidential materials among “need to know” persons. Chapter 9 Article 89 Anti-Money Laundering Training and Promotion The anti-money laundering office at the head office is responsible for developing annual anti-money laundering training

plans for the head office, organizing anti-money laundering training bank-wide, and supervising and inspecting the anti-money laundering activities of each and every service outlets. Article 90 According to the annual anti-money laundering training plan of the head office, a service outlet shall prepare their own annual anti-money laundering plans, organize their staff to take anti-money laundering trainings, and report the anti-money laundering training plan to the Anti-Money Laundering Office at the head office. Article 91 Anti-money laundering trainings shall cover but not limited the following items: (1) National anti-money laundering policies and basic facts; (2) various anti-money laundering laws, rules and regulations; (3) Basic knowledge about money laundering; (4) Doubtful transaction analysis, identification and reporting requirements and techniques; (5) Items and requirements of due diligence investigation about clients; (6) Internal anti-money laundering systems,

procedures and measures; (7) the position and role of your department and yourself in anti-money laundering activities; (8) Legal consequences of violation of anti-money laundering provisions; and (9) Provisions and prosecution standards with respect to economic crimes in the criminal law. Article 92 A service outlet should organize not less than one anti-money laundering training campaign and not less than one public publicity campaign (including community publicity) on a quarterly basis; the business organizations need to keep relevant information after organizing training and publicity activities. related records - Chapter 9 Article 93 Anti-money laundering performance appraisal The anti-money laundering panel at the head office shall jointly the performance of service outlets in anti-money laundering activities on a regular and/or irregular basis; and problems identified shall be fixed in a timely manner to strengthen the anti-money laundering practices bank-wide.

Article 94 a service outlet shall monitor and inspect its enforcement of national anti-money laundering laws, rules, administrative regulations and Bank of Rizhao Anti-Money Laundering Policy periodically; and problems identified shall be fixed in a timely manner. Article 95 The Audit Department is responsible for the internal audit of anti-money laundering. Anti-money laundering internal audit can be carried out on-site audit or off-site audit, auditors should use the query, observation, review and other methods to carry out anti-money laundering internal audit work. Anti-Money Laundering Internal Audit includes but is not limited to the following: (1) the construction of anti-money laundering system; (2) anti-money laundering publicity and training; (3) customer identification, continuous identification of the situation; (4) the division of risk levels of customer money laundering; (5) the preservation of customer identity data and transaction records; (6) the identification and

reporting of large transactions and suspicious transactions; (7) the submission of work information on anti-money laundering work; (8) other important matters. Article 96 The audited institution shall actively cooperate with the work of the internal audit department and provide relevant information and necessary working conditions. The audited entity shall be responsible for the authenticity of the material provided. Any organization or individual shall not refuse to obstruct the work of anti-money laundering and shall not transfer, conceal, forge or destroy the materials or supporting materials required for the audit. Article 97 The information to be provided by the audited body includes, but is not limited to: (1) the anti - money laundering system, the administrative regulations and the implementation details of the unit; (2) the organization, post and staffing of the unit responsible for anti-money laundering work; (3) the publicity and training records of the anti - money

laundering system of the unit; (4) customer identification and identity information preservation; (5) the preservation and submission of large transactions and suspicious transaction records; (6) the anti - money laundering inspection report or the opinions of the supervisory department on the audited entity; (7) other information. Article 98 When an auditor conducts an anti-money laundering audit, the necessary audit procedures shall be implemented: (1) to understand the internal control of anti - money laundering by audited units; (2) testing and evaluating the effectiveness of the internal control of anti-money laundering; (3) Substantive testing of the implementation of anti-money laundering, based on the results of the evaluation. When the auditors carry out the internal audit of anti - money laundering, the audit evidence should be obtained on the issues found in the audit. The audit evidence includes the audited units of the relevant documents, statements and anti-money

laundering work files. Article 99 When an auditor conducts an anti-money laundering audit, he shall prepare the draft of the audit work and confirm the relevant circumstances of the record and confirm it by the operator. The auditor shall prepare an audit fact confirmation form and confirm it by the audited entity for the problems found in the anti-money laundering audit. Article 100 After the completion of the anti-money laundering audit, the internal audit department shall return the audit results to the audited body and the head office of the head office. Article 101 The audited institution shall put forward corrective measures and be responsible for the implementation of the problems found in the internal audit of anti - money laundering. The internal audit department shall track and supervise the rectification and implementation situation. Article 102 When conducting internal audit departments and auditors to carry out anti - money laundering audits, they shall abide

by the laws and regulations of the state and the relevant systems of the company and adhere to the principle of seeking truth from facts, objectivity, impartiality, integrity and secrecy. Article 103 The completion of anti-money laundering work shall be included in the annual comprehensive assessment of departments and business establishments and be linked to performance pay. Article 104 In accordance with the relevant provisions of the Measures for the Evaluation of the Self-regulation of Anti-Money Laundering of Financial Institutions in Shandong Province, the head office shall set up an anti-money laundering self-discipline assessment organization and organize the Bank to carry out self-evaluation at the beginning of each year on the antiResponsible for informing the results of the assessment, supervise the assessment of the problems found in the implementation of the rectification, assessment of file management. Anti-money laundering work self-assessment team to fill out the

annual "financial institutions anti-money laundering work self-assessment form" "financial institutions anti-money laundering work self-assessment report." In the next year before the end of January will be the plate and electronic version of the newspaper by the jurisdiction of the Peoples Bank Rizhao City Center branch. Chapter 10 Supplementary Provisions Article 105 The following terms herein shall be defined as follows: “Service outlet senior management" refers to the governor, vice governor and assistant governor among others of a service outlet. The “basic identity information” of a natural person client shall include the clients name, gender, nationality, occupation, domicile, or address of his employer, the way of contact, the type, number and valid term of his identity certificate or identity certification document. If the clients domicile is inconsistent with his habitual abode, the clients habitual abode shall be registered. The “basic

identity information” of a client who is a legal person, other organization or individual industrial and commercial household shall include the name, domicile, scope of business, organizational code, tax registration certificate number and institutional credit code; the name, number and valid term of the license, certificate or document which may prove that the client is lawfully established or lawfully carries out the business operation or social activities; the names of the controlling shareholder or actual controller, legal representative, person-in-charge and authorized working persons, the types, numbers and valid terms of their identity certificates or identity certification documents. "Foreign dignitary" refers to a person who currently or formerly performs any important public functions, such as head of state, head of government, senior political dignitary, important senior governmental, judicial or military official, top executive of state-owned enterprise or key

political party member. As a family member of a foreign diginitary, or a person who has close relationship with a foreign diginitary has similar risks, the financial institution shall perform the obligation of due diligence according to the client identification requirements for them. “Short term” refers to a period of 10 working days or less. "Long-term" refers to a period of more than one year. “A large number of” means that the amount of a single transaction or the accumulative amount of transactions is less than or on the verge of the criterions for large-sum transactions. “Frequent” means that 3 or more transactions are conducted on a single business day or a transaction is conducted each day but lasts for 3 business days or more. “Above” indicates that a number itself is included. "Financing for terrorist purposes" refers to the following behaviors: (1) raising, possessing or using funds or other forms of property by terrorist organizations or

terrorists; (2) assisting terrorist organizations, terrorists, terrorism or terrorist criminal activities with funds or other forms of property; (3) possessing, using or raising funds or other forms of property for the purpose for terrorist purposes or terrorist criminal activities; and (4) possessing, using or raising funds or other forms of property for terrorist organizations or terrorists. " A service outlet " refers to the branches of Rizhao Bank, Arashiyama Center Sub-branch, Rizhao Branch, the head office, the head office and the above-mentioned agencies under the jurisdiction of the branch. "Freezing measures" means the necessary measures taken by each business organization to prevent the transfer, conversion and disposal of the assets held, managed or controlled by it, including but not limited to: termination of financial transactions; refusal of asset extraction, transfer, conversion ; To stop the opening, alteration, revocation and use of financial

accounts. "Assets" include but are not limited to: bank deposits, remittances, travelers checks, bank checks, postal bills, policies, bills of lading, warehouse receipts, stocks, bonds, bills of exchange and letters of credit, houses, vehicles, ships, goods, Digital form of proof of ownership of assets, other rights and interests of the legal documents, certificates and so on. Article 106 Each branch shall develop appropriate implementation rules in accordance with this measures and report to the head office for filing. Article 107 This Measures shall be subject to the formulation, interpretation and amendment of Bank of Rizhao. Article 108 The Measures shall come into force on the date of publication