Circular on Revising the Control Policies Relevant to the Entry into the Interbank Foreign Exchange Market by Financial Institutions

关于调整金融机构进入银行间外汇市场有关管理政策的通知

Non-bank financial institutions allowed in the interbank forex market.

(Issued by the State Administration of Foreign Exchange on December 5 2014 and effective as of January 1 2015.)

（国家外汇管理局于二零一四年十二月五日发布，自二零一五年一月一日起施行。）

Hui Fa [2014] No.48

汇发 [2014] 48号

Branches and offices of the State Administration of Foreign Exchange of the provinces, autonomous regions and municipalities directly under the central government, and the Shenzhen, Dalian, Qingdao, Xiamen and Ningbo municipal branches; and national banks:

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