2019-06-21

Added 2026-06-21 · Updated 2026-07-10

Currency Conversion Arrangement Involving Onshore RMB under Northbound Stock Connect

The Hong Kong Monetary Authority issued this document on June 21, 2019, to establish the regulatory framework for currency conversion arrangements involving onshore Renminbi under the Northbound Stock Connect scheme. The guidelines define the operational procedures and compliance requirements for authorized institutions participating in the cross-border RMB conversion process. This regulatory update ensures that financial institutions adhere to standardized protocols for managing onshore RMB transactions within the Stock Connect mechanism.

Hong Kong

Hong Kong Monetary Authority

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CIR

Current

Issue Date:

21 Jun 2019

20190621-2-EN.pdf (264.9 KB)

Topic:

Renminbi

Group:

Specific

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Cross referenced Document

Version History

Superseded Document

Directly related Document

Directly related Document

Cross referenced Document

Version History

Superseded Document

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