Opinion: Simplifying cross-border security

SAFE has relaxed its control over foreign exchange for cross-border security. Yun Chen believes the new rules are an important breakthrough for onshore and offshore financing

4 minute read July 04, 2014 at 07:37 AM

clpstaff and clp articles

On May 19 2014, the State Administration of Foreign Exchange (SAFE) promulgated the Provisions on Foreign Exchange Control in Connection with the Cross-border Provision of Security (跨境担保外汇管理规定) (New Provisions).

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