The Measures for the Administration of Customer Identification, Customer Identity Information and Transaction Records of Financial Institutions (hereinafter referred to as the Measures) aims at preventing money laundering and terrorist financing activities, standardizing customer identification, customer identity information and transaction records of financial institutions, and maintaining financial order. According to the provisions of People's Republic of China (PRC) Anti-Money Laundering Law and other laws and administrative regulations, it was formulated by the People's Bank of China (hereinafter referred to as PBOC), China Banking Regulatory Commission (hereinafter referred to as CBRC), China Securities Regulatory Commission (hereinafter referred to as CSRC) and China Insurance Regulatory Commission (hereinafter referred to as CIRC), and was promulgated on June 2, 2007 1 day, since August 2007/.

1. These Measures are applicable to the following financial institutions legally established in People's Republic of China (PRC):

(1) Policy banks, commercial banks, rural cooperative banks, urban credit cooperatives and rural credit cooperatives.

(2) Securities companies, futures companies and fund management companies.

(3) Insurance companies and insurance asset management companies.

(4) Trust companies, financial asset management companies, finance companies, financial leasing companies, auto financing companies and money brokerage companies.

(5) Other financial institutions determined and announced by the People's Bank of China. These Measures shall apply to institutions engaged in exchange business, payment and clearing business and fund sales business in fulfilling the obligations of customer identification, customer identity data and transaction record keeping.

2. Financial institutions should be diligent, establish and implement a customer identification system, follow the principle of "know your customer", and take corresponding measures for customers, business relationships or transactions with different risk characteristics of money laundering or terrorist financing, so as to know the customers, the purpose and nature of the transactions, and the natural persons who actually control the customers and the actual beneficiaries of the transactions.

3. Financial institutions shall, in accordance with the principles of safety, accuracy, integrity and confidentiality, properly keep customer identity data and transaction records, ensure that every transaction can be fully copied, and provide the necessary information for identifying customers, monitoring and analyzing transactions, investigating suspicious transaction activities and investigating money laundering cases.