The State Administration of Foreign Exchange issued the “Notice on Matters Relating to Further Improving Foreign Exchange Management of Domestic Foreign Exchange Loans”. The main contents include improving the account management system, simplifying settlement, foreign exchange purchase management, and strengthening supervision during and after the fact, with the aim of supporting the development of domestic foreign exchange loan business and improving the quality and efficiency of service to the real economy. The “Notice” will come into effect on October 1, 2026.

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