Tag Archives: 1+6 foreign currency policy framework

Deutsche Bank China Becomes First EU Bank to Fully Implement SAFE’s “1+6” Cross-Border Foreign Currency Framework

(IN BRIEF) Deutsche Bank China has fully implemented SAFE’s “1+6” foreign currency cross-border liberalisation framework at its branches in Shanghai, Beijing, and Guangzhou, becoming the first EU bank to do so. The new system unifies and streamlines regulations, allowing eligible … Read the full press release