Ministry of Justice, Measures for the Administration of Anti-Money Laundering Work in the Law Profession (Draft for Comments)
司法部律师行业反洗钱工作管理办法 (征求意见稿)
Law firms are required to establish a client due diligence system for anti-money laundering purposes / Issued: 2025-04-10
Issued: April 10, 2025
Applicability: Pursuant to the PRC Lawyers Law, a law firm that provides legal services that involve the matters set forth in Item (2) of Article 64 of the PRC Anti-Money Laundering Law shall comply with these Measures (Article 2).
Main contents: A law firm shall establish a party due diligence system. A law firm shall conduct party due diligence if:
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