We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 21

“Journey home” programs: investment with offshore RMB in mainland China and domestic borrowing of offshore RMB
  • White & Case LLP
  • China
  • April 15 2011

Following the development of offshore RMB trade settlement and dynamic growth of RMB bond issuance and lending in Hong Kong, China has recently taken an important further step to internationalize the RMB by launching pilot programs to allow offshore RMB to be invested back in Mainland China


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


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 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


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


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


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”


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”


Crucial new regulation on cross-border RMB settlement foreign direct investment in RMB officially on trial
  • White & Case LLP
  • China
  • July 18 2011

On June 3, 2011, the People’s Bank of China (“PBOC”) promulgated a Circular on Clarifying Certain Issues Relating to Cross-Border RMB Services (“Circular”