All posts tagged "SAFE"
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170ChinaChina Limits Scope of Allowed Derivatives Activities at Banks
Domestic financial institutions can only enter into cross-border OTC derivatives transactions if they are used for hedging purposes.
December 7, 2021 -
153ChinaSAFE Fines Tenpay for Breaching Foreign Exchange Rules
Tenpay failed to submit relevant materials and handle foreign exchange sales services in accordance with regulations.
December 1, 2021 -
236ChinaChina Asks Banks to Facilitate ‘New Forms’ of International Trade
With the new rules, the PBOC says it hopes to achieve unified regulation of domestic and foreign currency settlement for new forms of offshore trade.
November 17, 2021 -
192ChinaSAFE Issues Guidance on Penalties for Forex Rule Violations
Directors and senior managers of financial institutions that deliberately violate the regulations can be fined between CNY 50,000 and CNY 500,000.
November 11, 2021 -
157ChinaChinese Authorities Order ‘Key Industries’ to Repay Their Debt
The notice from the NDRC and SAFE comes days after Evergrande paid $83.5mn worth of overdue interest on an offshore bond just before a grace period expired.
October 28, 2021 -
282ChinaHKMA, PBOC Agree to Link Regulatory Sandbox Across Borders
The arrangement will facilitate cross-border financial innovation in the Greater Bay Area and strengthen supervisory exchanges.
October 22, 2021 -
301ChinaChina Set to Open More Derivatives to Foreign Investors
Qualified foreign investors will be able to trade commodity futures, commodity options, and stock index options from 1 November.
October 18, 2021 -
396Capital RegulationChina Expands Permitted Scope for Overseas Loans
The draft rules seek to impose a cap on the total balance of offshore loans while also loosening restrictions on the types of lending banks can engage in.
September 24, 2021 -
214ChinaChina: AMAC Approved Launch of First Pictet QDLP Fund
The new fund will enable domestic investors in China to invest offshore in financially stressed and distressed companies, predominantly in Europe.
September 9, 2021 -
154ChinaChinese Banks Start to Restrict FX Services Amid Risk Concerns
State-owned lender Huaxia Bank has restricted some of its FX services amid regulatory concerns over yuan volatility.
September 8, 2021
