Post by Sapphire Capital on Jul 29, 2008 5:09:51 GMT 4
Measures of Control of Large Amount Trading and Dubious Payment in Renminbi Currency
2003-03-26 #：1631
Title of Laws, Regulations, or Judiciary Interpretation: Measures of Control of Large Amount Trading and Dubious Payment in Renminbi Currency
Promulgating Organ: The People's Bank of China
Date of Promulgation: Jan 3, 2003
Date of Implementation: Mar 1, 2003
Applicable Scope: Control of Large Amount Trading and Dubious Payment in Renminbi Currency
Major Contents: These measures respectively stipulate towards the definitions of payment trading in Renminbi
currency, large amount payment trading and dubious payment trading. These measures stipulate that
the People's Bank of China is to set up monitoring system towards payment trading, and to carry out
monitoring towards payment trading. These measures at the same time delineates towards large
amount payment trading and dubious payment trading. These measures also stipulate that financial
organizations are to set up information data files of depositors. These measures also stipulate
towards the penalty provisions towards financial organizations.
Appendices:
Statement of dubious payment trading report
Itemized report of dubious payment trading report