ChineseEnglish
Rules and Regulations
  • Index number:
    000014453-2021-0006
  • Dispatch date:
    2021-01-08
  • Publish organization:
    State Administration of Foreign Exchange
  • Exchange Reference number:
  • Name:
    Circular of the State Administration of Foreign Exchange on Amending the Guidelines for Interbank Foreign Exchange Market Makers
Circular of the State Administration of Foreign Exchange on Amending the Guidelines for Interbank Foreign Exchange Market Makers

The branches and administrative offices of the State Administration of Foreign Exchange (SAFE) in all provinces, autonomous regions, and municipalities directly under the central government; the branches in Shenzhen, Dalian, Qingdao, Xiamen, and Ningbo; all designated national Chinese-funded foreign exchange banks; and the China Foreign Exchange Trade System:

To further optimize the management of interbank foreign exchange market makers, the SAFE has amended the Guidelines for Interbank Foreign Exchange Market Makers (Huifa No.13 [2013]). Please see the attachment for the amended Guidelines for Interbank Foreign Exchange Market Makers, and implement it.

After receiving the Circular, the branches and administrative offices of the SAFE shall timely forward the Cicular to the Chinese-funded and foreign-funded banks within their respective jurisdictions. For any problems arising from implementation, please contact the Balance of Payments Department of the SAFE in a timely manner. Contact Number: 010-68402094.

Appendix: Guidelines for Interbank Foreign Exchange Market Makers


State Administration of Foreign Exchange

January 2, 2021

The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

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State Administration of Foreign Exchange