In the past year, we did onsite inspection on 7 banks, 5 money changers, 2 exchange counters and 2 cash remittance companies. Furthermore, we strengthen and perfect formulation of relevant supervisory policies. In the area of banking supervision, guideline on anti-money laundering was revised and put into force on November 12 last year.
Besides, consultation on the draft “Guidelines on the Management of Country Risks” has been completed and is ready for promulgation and implementation this year. “Guidelines on the Risk Management of Electronic banking” has been revised and is ready for second consultation. “Licensing-Review and Approval Procedures” for financial institutions such as banks has been finalized.