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Q：
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When will the "Regulations on the Management of the Interbank Foreign Exchange Market" come into effect?
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A：
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The "Regulations on the Management of the Interbank Foreign Exchange Market" was approved at the 17th executive meeting of the People's Bank of China on December 4, 2025. It is hereby promulgated and shall come into effect on February 1, 2026.
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Q：
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What is the purpose of formulating the "Regulations for the Management of the Interbank Foreign Exchange Market"?
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A：
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In order to regulate and develop the foreign exchange market, protect the legitimate rights and interests of all parties, maintain the order of the foreign exchange market and the public interests of society, promote the service of the foreign exchange market to the real economy, and expand high-level opening-up, in accordance with the "People's Bank of China Law of the People's Republic of China" and the "Regulations on Foreign Exchange of the People's Republic of China" and other laws and regulations, the "Regulations on the Management of the Inter-bank Foreign Exchange Market" has been formulated.
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Q：
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What is the inter-bank foreign exchange market?
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A：
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The "Regulations on the Management of the Interbank Foreign Exchange Market" refers to the interbank foreign exchange market as the market where transactions of RMB and foreign currencies are conducted through the China Foreign Exchange Trading Center.
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Q：
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Which department is responsible for supervising and managing the inter-bank foreign exchange market?
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A：
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Which department is responsible for supervising and managing the inter-bank foreign exchange market?
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Q：
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What do domestic financial institutions refer to?
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A：
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It refers to institutions that have been approved by the financial regulatory authorities of the State Council and are established within the territory of the People's Republic of China, and are engaged in financial business.
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FAQ
