ANALYSIS: China's new cross-border FX rules
Jan 28, 2013
TOP TIPS: China simplifies IPO proceeds repatriation
China’s forex regulator issued a new guideline on January 28 simplifying the repatriation of IPO proceeds raised by China Inc abroad. Jerry Zhang (pictured) of Cadwalader, Wickersham & Taft explains how Circular 7 works.
What does Circular 7 from State Administration of Foreign Exchange (Safe) entail?
The Circular of The State Administration of Foreign Exchange on Relevant Issues on Foreign Exchange Administration of Overseas Listings ("Circular 7") simplifies and streamlines the foreign exchange regulation over overseas listings by domestic companies mainly in the following aspects:
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
