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Notice of Amendment of Rules Concerning Listing of Currency, Financial Invoices, and Associated Materials and Production Equipment

Dear Alibaba members,

 

In order to standardize the listing of counterfeit prevention products on Alibaba.com, the platform will implement revised management and penalty guidelines as of May 1st 2017.

 

The platform prohibits the listing of forged and altered currency and financial documents, in addition to such related materials as holograms, printing plates, printing equipment etc.

 

If any of these products are listed on Alibaba.com after May 7th 2017, then listings will be removed and associated memberships will receive a 48-point penalty (incurring account closure).

 

The “Enforcement Actions for Displaying Prohibited and Controlled Items” will thereby be updated as follows:

12) Products Subject to Governmental Control

Content

Before

After

Altered and counterfeit currency and financial documents;

Materials used for the altering or production of currency and financial documents, including but not limited to holograms, printing plates, printing equipment;

Media demonstrating or teaching methods for altering or producing counterfeit currency or financial documents

6 penalty points

Serious infringement Issue of 48 penalty points and immediate account closure

 

Additionally, please note that listing of holograms, printing plates, printing equipment and other related materials used for the production of identification documents (eg. driving licenses, passports, visas) and other government-issued documentation will also incur a 48-point penalty and closure of membership accounts.

 

References:

“REGULATION (EU) No 331/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 11 March 2014” ;

“PRC National Court Financial Crime Casework Summary” (《全国法院审理金融犯罪案件工作座谈会纪要》);

 

In the event of inconsistency, ambiguity or conflict of the contents of this notice with any other terms of the Alibaba.com platform, or between the English and Chinese versions of this notice, the decision of Alibaba.com exercised in its absolute discretion shall always prevail.

 

Examples of prohibited currency holograms:

 

 

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