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China Insight - Banking & Finance

SAFE Promulgated New Regulations on Foreign Debt Registration

01/05/2013

On April 28, 2013, the State Administration of Foreign Exchange (the “SAFE”) promulgated the Administrative Measures of Registration of Foreign Debts (the “Foreign Debt Measures”) together with the detailed Operational Guidelines of Administration of Foreign Debt Registration (the “Guidelines”). Both will be implemented from May 13, 2013. The Foreign Debt Measures and the Guidelines clarify certain uncertainties in the PRC foreign debt regime. We set out below the main content of the new regulations.

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China Insight - Banking & Finance
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Authors

Portrait ofKevin Wang
Kevin Wang
Counsel
Shanghai