Title:
Regulations Governing Foreign Exchange Business of Insurance Enterprises
Inactive Regulations
(Submit Requsted Reports)
The Bank may require insurance enterprises to submit foreign exchange business related reports in a format to be separately prescribed by the Bank. Insurance enterprises shall ensure that such reports are complete and accurate.
Insurance enterprises engaging in foreign exchange business shall settle foreign exchange with banking enterprises in accordance with their receipts and payments, and shall keep the detailed settlement information on record for verification.