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And to relax their vigilance, let preliminary verification becomes a mere formality. It is understood, according to the People's Bank of China in 2006 to develop a 'large financial institutions report suspicious transactions and transactions management approach', financial institutions or single day total more than 20 million yuan trading or equivalent foreign currency transactions of more than $ 10,000 in cash deposit, cash withdrawal, cash remittance and other services, the financial institution shall, within 5 business days after the occurrence of large transactions electronically submitted to the China Anti-money laundering monitoring and analysis Center of the people's Bank. However, according to investigators, Chen Guilin in fund-raising scam, Shen Guilin to open an account in Bank of Communications, Industrial and Commercial Bank, China Construction Bank, China Everbright Bank Haikou City, 11 commercial banks, frequently nearly billion large sums of money out of personal accounts almost no bank which funds had a briefing. In addition, Liren Jun believes that regulatory authorities also need to be further improved, should strengthen collaboration with public security, commercial banks, courts and other departments, the establishment of multi-sectoral linkage mechanism, to prevent regulatory vacuum. Can not be ignored is that the participants excessive 'profit' mentality has become a hotbed of illegal fund-raising. Hainan Provincial Public Security Bureau of Economic Investigation Corps vice captain Du Heng remind, the sky will not fall, the masses of high interest rates to solicit gold phenomenon need to strengthen vigilance to avoid unnecessary losses. (End) edit: SN146 BEIJING, July 22 Qingyuan Electric (Liling Cheng Meng Hua) two-day Sixth Qingyuan City, Guangdong People's Congress at its sixth meeting on the 22nd official closing, Guo Feng was elected mayor of Qingyuan Municipal People's Government. The conference has three priorities of the agenda: a vote of all deputies elections mayor of Qingyuan City; Qingyuan City by chairman of the Sixth National People's Congress Law Committee, vice chairman and members of the candidate; meeting to discuss 'further promote the integration of a wide clear strategy to promote Qingyuan Pearl River Delta into the southern region to speed up the plan 'and other issues. After the election of representatives of all the participants, Guo Feng was elected mayor of Qingyuan Municipal People's Government. Guo Feng, male, Han nationality, born in September 1960, Guangdong Tai Po, joined the Communist Party of China in December 1984, August 1976 to work in the Guangdong Provincial Academy of Social Sciences postgraduate degree, the current deputy secretary of Qingyuan City, Mayor . (End) (Original title: Guo Feng was elected Qingyuan City, Guangdong