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Results: 1-10 of 21

SAFE’s new rule simplifies and clarifies foreign debt registration
  • White & Case LLP
  • China
  • June 5 2013

On April 28, 2013, the State Administrative of Foreign Exchange ("SAFE") issued "The Administrative Measures for the Registration of Foreign Debt"


SAFE released ground breaking draft rules regarding cross-border security
  • White & Case LLP
  • China
  • March 13 2014

The State Administration of Foreign Exchange of the PRC ("SAFE") released the consultation draft of the Foreign Exchange Administration Rules on


New PBOC regulation suggests possible liberalization of outbound security provided by PRC companies
  • White & Case LLP
  • China
  • August 5 2013

On 5 July 2013, the People's Bank of China ("PBOC") issued the "Circular on Simplifying the Cross-Border RMB Business Procedures and Improving


Guidelines on computation of financial merger reporting thresholds released
  • White & Case LLP
  • China
  • August 4 2009

As one of the world’s fastest growing economies, China has been a favorite destination for foreign investment since it opened its doors to foreign investors almost three decades ago


Tightened standards in banks’ foreign exchange settlement and sales
  • White & Case LLP
  • China
  • July 18 2011

On June 16, 2011, the State Administration of Foreign Exchange of the People’s Republic of China (“SAFE”) issued the Circular on Improving the Administration of Banks' Own Foreign Exchange Settlement and Sales (“2011 Circular”


China further expands the use of RMB through cross-border foreign direct investment
  • White & Case LLP
  • China
  • November 15 2011

On October 14, 2011, the Ministry of Commerce (“MOFCOM”) issued the Circular on Issues Relating to Cross-border Direct Investment in RMB (“MOFCOM Rules”), and on the following day, the People’s Bank of China (“PBOC”) issued the Measures on Administration of the RMB Settlement in Connection with Foreign Direct Investment (“PBOC Rules”


Safe circular on issues concerning foreign exchange controls in encouraging and guiding the healthy development of private investment
  • White & Case LLP
  • China
  • August 1 2012

On June 11, 2012, the State Administration of Foreign Exchange (“SAFE”) issued the Circular on Issues Concerning Foreign Exchange Controls in Encouraging and Guiding the Healthy Development of Private Investment (Hui Fa 2012 No. 33) (the “Circular”), which involves critical changes in foreign exchange controls for outbound investment


SAFE cross-border security rules finally released
  • White & Case LLP
  • China
  • May 21 2014

The State Administration of Foreign Exchange of the PRC ("SAFE") formally released on 19 May 2014 the Foreign Exchange Administration Rules on


PBOC formulates further policy initiatives to promote RMB as an international currency
  • White & Case LLP
  • China
  • February 26 2014

On 2 December 2013, the People's Bank of China ("PBOC") issued its Opinions on Financially Supporting the Development of the China (Shanghai) Pilot


State Administration of Foreign Exchange further tightens lending transactions in foreign exchange for foreign-invested enterprises
  • White & Case LLP
  • China
  • January 11 2012

On November 16, 2011, the State Administration of Foreign Exchange (SAFE) promulgated the Circular of the State Administration of Foreign Exchange on Issues Relating to Further Clarification and Regulation of Certain Capital Account Items under Foreign Exchange Control (Hui Fa 2011 No