State Administration of Foreign Exchange, Circular on Issues Relevant to Foreign Exchange Control in Connection with Overseas Direct Investment of Banks in China

国家外汇管理局关于境内银行境外直接投资外汇管理有关问题的通知

September 04, 2010 | BY

clpstaff &clp articles &

Banks included in the regulation of overseas direct investment.

Clp Reference: 3810/10.06.30 Promulgated: 2010-06-30 Effective: 2010-09-01

Issued: June 30 2010
Effective: September 1 2010

Main contents: The Circular specifies the procedures for foreign exchange registration, its amendment and cancellation, and conversion in connection with overseas direct investments of banks in China.

Related legislation: PRC Regulations for the Control of Foreign Exchange (2nd Revision), Aug 5 2008, CLP 2008 No.8 p.77; and Provisions on Foreign Exchange Control in Connection with Overseas Direct Investment by Organisations in China, Jul 13 2009, CLP 2009 No.8 p.34

clp reference:3810/10.06.30promulgated:2010-06-30effective:2010-09-01

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]