On 16 April 2021, the People's Bank of China ("PBoC") issued the Measures for Supervision and Administration of Anti-Money Laundering and Counter-Terrorist Financing in Financial Institutions (《金融机构反洗钱和反恐怖融资监督管理办法》) (the "2021 AML Measures"), following PBoC's issuance of a consultation draft of the same on 30 December 2020 (the "Consultation Draft").