China has become an important country in fighting against money laundering and terrorist financing by actively taking part in international cooperation, Deputy Governor of The People’s Bank of China Li Ruogu said in Hong Kong on February 16. Speaking at an international conference entitled “Creating Global Partnership and Synergy in the Fight Against Money Laundering,” Li said China will become a full member of the Financial Action Task Force on Money Laundering (FATF), the most influential international anti-money laundering organization, in the middle of this year if everything goes smoothly. In today’s open and global financial world, the combats against money laundering and terrorist financing have gone beyond national boundaries, Li said. Full Story