Implemented on June 1 2004. The State Council anti-counterfeiting joint conference system has been implemented since June 1 2004. Anti-counterfeit liaison meeting system is an important system formulated by China's banking financial institutions to crack down on counterfeit crimes and maintain currency security. The system aims to establish an effective anti-counterfeiting mechanism, and through the close cooperation of various financial institutions, jointly prevent and crack down on counterfeit currency crimes.