Regulatory Alerts2021-03-05
Added · Updated
Enhanced Currency Conversion Arrangement Involving Onshore RMB (CNY) under Northbound Bond Connect
The Hong Kong Monetary Authority issued this circular on March 5, 2021, to establish an enhanced currency conversion arrangement for onshore Renminbi transactions under the Northbound Bond Connect. The regulatory framework facilitates more efficient foreign exchange management for investors participating in the bond market connectivity scheme. This update aligns with broader efforts to deepen financial market integration and improve liquidity for cross-border RMB investments.
CIR
Current
Issue Date:
05 Mar 2021
20210305-3-EN.pdf (320.3 KB)
Topic:
Market Risk Management - Foreign exchange
Renminbi
Group:
Specific
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
05 Mar 2021
Enhanced Currency Conversion Arrangement Involving Onshore RMB (CNY) under Northbound Bond Connect
Annex
Current
05 Mar 2021
Annex 2 - Reporting Requirements for Enhanced Currency Conversion Arrangement under Northbound Bond Connect
CIR
Current
05 Mar 2021
Enhanced Currency Conversion Arrangement Involving Onshore RMB (CNY) under Northbound Bond Connect
Annex
Current
05 Mar 2021
Annex 2 - Reporting Requirements for Enhanced Currency Conversion Arrangement under Northbound Bond Connect
Cross referenced Document
Version History
Superseded Document
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