This helps reduce the costs of communication within the industry to improve the efficiency of commercial banks. Xiao Ting: Bank of Communications, as an important participant in the foreign exchange market, will specifically enhance the promotion and implementation of the "Guidelines" in the following respects. This is conducive to the formation of an efficient and safe trading environment. For corporate customers, through further regulation of banking and corporate behavior, it will help banks improve the efficiency of serving 2017外汇管制 2017 Foreign Exchange Control clients and protect the interests of their customers. It not only contains the industry's guiding principles, provides the normative operation of the best practices and 中国外汇管制2019 China Foreign Exchange Control 2019 the foreign 外汇提供商 Forex provider market system with Chinese characteristics. At the same time market participants are urged to put the "Guidelines" into actual practice. It also advances the internationalization of the renminbi. But by raising the standards for self-discipline, they help build confidence in the foreign exchange market and in turn help continue the development of the market. Share This Page:. If so, what documents would they need? At the same time, it needs to strengthen the daily construction of its compliance culture to cultivate awareness of compliance operations by each employee. Foreign exchange rate control already fueling higher underground rates; shortage due to several reasons; rate control possibly illegal Posted by: Denis Chabrol in BusinessNews Thursday, 9 February2 Comments.