Regulatory Alerts2021-03-05
Added · Updated
Enhanced Currency Conversion Arrangement Involving Onshore RMB (CNY) under Northbound Bond Connect
The document establishes reporting requirements for the Enhanced Currency Conversion Arrangement involving onshore RMB under the Northbound Bond Connect. It serves as Annex 2 to the primary circular governing these specific foreign exchange risk management protocols. The guidelines detail the operational and compliance obligations for market participants engaging in these currency conversion activities.
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