State Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control with Respect to Overseas Securities Investments of Fund Management Companies

国家外汇管理局关于基金管理公司境外证券投资外汇管理有关问题的通知

November 30, 2006 | BY

clpstaff &clp articles &

Issued: August 30 2006Effective: as of date of issueMain contents: A fund management company that wishes to provide overseas securities investment services…

Clp Reference: 3800/06.08.30 Promulgated: 2006-08-30 Effective: 2006-08-30

Issued: August 30 2006
Effective: as of date of issue

Main contents: A fund management company that wishes to provide overseas securities investment services shall first require the check and approval of, and obtain the qualifications to engage in foreign exchange business and an overseas securities investment limit from, the (sub-) branch or office of the State Administration of Foreign Exchange of the place where it is located. Alternatively, a fund management company may apply for the qualifications to engage in foreign exchange business at the same time it applies for its overseas securities investment limit.

clp reference:3800/06.08.30prc reference:汇发 [2006] 46 号promulgated:2006-08-30effective:2006-08-30

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