State Administration of Foreign Exchange, Circular on Abolishing and Revising the Examination and Approval Authority and Administrative Measures for Certain Foreign Exchange Transactions on the Capital Account
Safe streamlines foreign exchange approval procedures.
Issue: June 2011
CLP Reference: 3800/11.05.23
Promulgated: 23 May 2011
Effective: 01 June 2011
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Issued: May 23 2011
Effective: June 1 2011
Main contents: The Circular abolishes the
approval requirement of registration of deferred payment and
the approval requirement of refund of advance payment for
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