On February 22, the release ceremony of the "Beijing-Tianjin-Hebei Cross-border RMB Settlement Facilitation List of High-quality Enterprises Mutual Recognition Plan" was held in Beijing. At the meeting, the self-regulatory mechanism for foreign exchange and cross-border RMB business in the Beijing-Tianjin-Hebei region (hereinafter referred to as the self-regulatory mechanism of the three places) issued the "Mutual Recognition Plan for the List of Quality Enterprises", according to which the self-regulatory mechanism of the three places will establish a mutual recognition mechanism for the list of high-quality enterprises, share the list of high-quality cross-border RMB settlement enterprises recognized by each region, and the self-regulatory member banks of the three places can provide cross-border RMB settlement facilitation services for high-quality enterprises in the mutual recognition list.
Yan Bing, Vice President of Bank of China Beijing Branch, interpreted the "Mutual Recognition Plan for the List of High-quality Enterprises" on behalf of the self-discipline mechanism of the three places. The Scheme for Mutual Recognition of the List of Quality Enterprises aims to open up the list of high-quality enterprises in the three places through the mechanism arrangement of the three places, facilitate the cross-regional settlement of cross-border RMB business of high-quality enterprises, and realize the coordinated development of financial services in the three places.
It is understood that the scope of the mutual recognition list includes the list of cross-border RMB high-quality and honest enterprises issued by the self-discipline mechanism for foreign exchange and cross-border RMB business in Beijing; The list of high-quality cross-border RMB enterprises issued by the self-regulatory mechanism for foreign exchange and cross-border RMB business of Tianjin Bank; According to the list of high-quality enterprises for cross-border RMB settlement released by the self-discipline mechanism of foreign exchange and cross-border RMB business of Hebei Provincial Bank, there are 366, 890 and 348 enterprises in the three places respectively.
The self-regulatory member banks of the three places may provide cross-border RMB settlement facilitation services to high-quality enterprises on the MRL, and banks should follow the content of the cross-border RMB settlement facilitation plan for high-quality enterprises issued by the local self-regulatory mechanism and comply with the relevant business management requirements when handling cross-border RMB settlement facilitation business for high-quality enterprises on the MRL.
The list of mutual recognition of high-quality enterprises will be announced on an annual basis, and the self-discipline mechanism of Beijing, Tianjin and Hebei will exchange the list of high-quality enterprises in a timely manner, and the mutual recognition list will implement a dynamic adjustment mechanism. The member banks of the self-regulatory mechanism in the three places shall comply with the relevant requirements of the "Cross-border RMB Settlement Facilitation Plan for High-quality Enterprises" issued by the local self-regulatory mechanism when conducting post-event spot checks and return visits to the facilitation business handled by the Bank, including the proportion of random inspection business, the scope of random inspection, and the frequency of random inspection.
Since its establishment eight years ago, the self-regulatory mechanism of the three places, as a market self-discipline and coordination mechanism spontaneously organized and implemented by the banking industry, has carried out self-discipline management of cross-border RMB business activities at bank counters under the guidance of the regulators, and has played an active role in promoting cross-border RMB business knowledge, protecting the legitimate rights and interests of customers, and improving the service level of the industry, becoming a bridge between market entities and regulators of cross-border settlement enterprises.
Visual China.