TY  - JOUR
AB  - Purpose– The purpose of this paper is to systematically introduce the latest documents of customer due diligence (CDD) issued by international organizations and developed countries, and to examine practice of CDD in China.Design/methodology/approach– This paper reviews the latest regulations and guidelines of CDD at international level, and critically examines the practice on CDD compliance in China.Findings– Although China has developed series of provisions concerning CDD since 2007 to response the international requirement set by Financial Action Task Force, the practical compliance still has long way to improve.Originality/value– This paper usefully highlights the difference between Chinese practice and international standards, and proposes institutional reforms on CDD compliance in Chinese financial sectors.
VL  - 12
IS  - 4
SN  - 1368-5201
DO  - 10.1108/13685200910996083
UR  - https://doi.org/10.1108/13685200910996083
AU  - Jun Tang
AU  - Ai Lishan
PY  - 2009
Y1  - 2009/01/01
TI  - The international standards of customer due diligence and Chinese practice
T2  - Journal of Money Laundering Control
PB  - Emerald Group Publishing Limited
SP  - 406
EP  - 416
Y2  - 2024/04/19
ER  -