Foreign Exchange Controls and Overseas Listings

March 31, 2003 | BY

clpstaff &clp articles

Pu Dong Law OfficeThe Issues Relevant to Further Improving the Foreign Exchange Control for Overseas Listing Circular (the Circular), issued by the State…

Pu Dong Law Office

The Issues Relevant to Further Improving the Foreign Exchange Control for Overseas Listing Circular (the Circular), issued by the State Administration of Foreign Exchange (SAFE) and the China Securities Regulatory Commission (the CSRC) on August 5 and effective September 1 2002, is the fifth circular to be issued concerning foreign exchange issues related to the overseas listings of domestic enterprises. The Circular adopts some new measures for foreign exchange control on overseas listings and summarizes and re-adjusts some provisions in prior circulars.

Foreign Exchange Registration Requirement

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