Europe has provided an unprecedented degree of freedom of movement. Thanks to the EU, European citizens enjoy border-free travel and are free to study and work within the EU, creating inestimable development opportunities for everyone.
In particular, they helped solve 51 cases, involving RMB3.096 billion yuan and USD460 million and relating to various fronts of money laundering activities like underground banking, overseas gambling, money laundering through investment, smuggling, illegal purchase and sale of foreign exchange etc. At present, the PBC is trying to expand data coverage, complete data reception standards, regulate data reporting procedure, and improve data analysis skills.