Page:Circular of the People's Bank of China and the State Administration of Foreign Exchange on the Management of Domestic Securities Investment by RMB Qualified Foreign Institutional Investors.pdf/9

 alteration registration for the RMB qualified investor.

Where the RMB qualified investor or its major shareholders or actual controller face significant penalties by other regulatory authorities (including foreign authorities), and the penalties have a strong impact on the RMB qualified investor's investment operations, or lead to suspension or cancellation of its business qualifications, the main custodian shall immediately report to the PBOC and the SAFE.

XXII. In accordance with the Measures for Managing Cross-border RMB Receipts and Payments Information Management System (Yinfa No. 126 [2017]) and Circular of the General Office of the People's Bank of China on Improving the Process of Reporting the Inter-bank Business Data of the Cross-border RMB Receipts and Payments Information Management System (Yinbanfa No. 118 [2017]), the custodian shall report an RMB qualified investor's account opening and cancellation, investment quota, cross-border capital receipts and payments, and asset allocation for domestic securities investment to the Cross-border RMB Receipts and Payments Information Management System.

XXIII. The materials submitted as requested by this Circular shall be in Chinese. Should there be counterparts in both Chinese and a foreign languages, the Chinese version shall prevail.

XXIV. This Circular will come into force as of the date of issuance. The Circular of the People's Bank of China and the State Administration of Foreign Exchange on the Management of Domestic Securities Investment by RMB Qualified Foreign Institutional Investors (Yinfa No. 227 [2016]) will be abolished. This Circular shall prevail in case of inconsistencies between other relevant regulations and this Circular.

Appendices:


 * 1) Registration Form for RMB Qualified Foreign Institutional Investors
 * 2) Investment Quota Form
 * 3) Information Record Filing Form for RMB qualified investor's Custodian