The People's Bank of China has announced new regulations requiring institutions to report spot gold purchases exceeding 100,000 yuan starting August 1, 2025. Under the new anti-money laundering and anti-terrorist financing measures, institutions must perform due diligence and submit large transaction reports to the China Anti-Money Laundering Monitoring and Analysis Center within five working days for any cash transactions meeting or exceeding this threshold. The regulations aim to enhance oversight and mitigate money laundering risks in the precious metals market.