| The branches and foreign exchange administrative departments of the State Administration of Foreign Exchange (SAFE) in all provinces, autonomous regions, and municipalities directly under the Central Government; the SAFE branches in Shenzhen,
Given the changes and adjustments to the provisions on foreign exchange administration from August 2010 to the present, the SAFE has formulated the Contents and Scoring Criteria for the Assessment of Bank Implementation of the Provisions on Foreign Exchange Administration (2011) (see the Appendix). You are hereby notified of the relevant matters as follows:
1. The contents and scoring criteria for the assessment of bank implementation of the provisions on foreign exchange administration for the year 2011 are subject to the contents of the Appendix to this Circular.
2. After receiving this Circular, all branches and foreign exchange administrative departments of the SAFE shall immediately forward this Circular to the central sub-branches, sub-branches, urban commercial banks, rural commercial banks, wholly foreign-funded banks, Chinese-foreign equity joint venture banks, branches of foreign banks, and rural cooperative financial institutions within their respective jurisdictions, and shall carry out fair and just assessments of the banks within their respective jurisdictions in implementing the provisions of foreign exchange administration in line with the revised contents and scoring criteria.
3. All designated Chinese-funded foreign exchange banks shall forward this Circular to their branches as soon as possible, and shall conduct their various foreign exchange businesses in accordance with the relevant laws and regulations.
If any problems are encountered during implementation, please report them to the relevant departments of the SAFE in a timely manner. Telephone numbers: 010-68402129 (General Affairs Department), 010-68402295 (Balance of Payments Department), 010-68402156 (Current Account Administration Department), 010-68402061 (Capital Account Administration Department), and 010-68402352 (Supervision and Inspection Department).
May 13, 2011
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Rules and Regulations
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- Index number:
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- Dispatch date:
- 2011-05-25
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- Publish organization:
- State Administration of Foreign Exchange
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- Exchange Reference number：
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- Name：
- Circular of the SAFE on Printing and Distributing the Contents and Scoring Criteria for the Assessment of Bank Implementation of the Provisions on Foreign Exchange Administration (2011)
Circular of the SAFE on Printing and Distributing the Contents and Scoring Criteria for the Assessment of Bank Implementation of the Provisions on Foreign Exchange Administration (2011)
