People's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission and State Administration of Foreign Exchange, Circular on Regulating Interbank Businesses of Financial Institutions

Issued: April 24 2014
Effective: as of date of issuance

Applicability: For the purposes of this Circular, the term “interbank businesses” means various types of businesses, with investment and financing at their core, engaged in between financial institutions lawfully established in China, with the main business types including interbank borrowing, interbank deposits, interbank loans, interbank payment, repos (reverse repos) and other such interbank financing businesses and interbank investment businesses (Article 1).