State Administration of Foreign Exchange: Further expand cross-border investment by private equity investment funds
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Foreign Exchange Bureau: Further expand cross-border investment of private equity investment funds
2021-07-26 17:42
Source: Securities Times
Author: Peng Fei
Securities Times
Peng Fei
2021-07-26 17:42
Securities Times e company news, the State Administration of Foreign Exchange held a video conference on foreign exchange management in the second half of 2021. The meeting set out the key tasks of foreign exchange management in the second half of 2021. The first is to promote the comprehensive and in-depth development of strict party governance. The second is to unswervingly promote reform and opening up in the foreign exchange field. Implement various facilitation policies that have been issued, and further expand the scope of facilitation pilot projects such as facilitation of trade foreign exchange receipts and payments, cross-border investment of private equity investment funds, and integrated domestic and foreign currency fund pools of multinational companies. The third is to improve the two-in-one management framework of “macro prudence + micro regulation” in the foreign exchange market. Improve cross-border capital flow management with strengthening macro prudence as the core, and improve the micro-supervision of the foreign exchange market with the transformation of supervision methods as the core.
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