What are the implementation rules for the implementation of RMB bank settlement account management measures

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  1. Legal analysis: The "Implementation Rules for the Administrative Measures for Renminbi Bank Settlement Accounts" is formulated by the People's Bank of China to maintain the stability of the economic and financial order. On January 19, 2005, the institutional document published by Silver Hair (2005) No. 16, 2005 It will be implemented from month 31.
    Legal basis: "Implementation Rules for the Administrative Measures for Renminbi Bank Settlement Accounts"
    It Article 3 The People's Bank of China is the supervision and management department of bank settlement accounts. Inspection and supervision.
    It 4 and the People's Bank of China through the RMB bank settlement account management system (hereinafter referred to as the "account management system") and other legitimate means, the opening, use, change, and revocation of bank settlement accounts shall be monitored and managed.

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