Three sector tips: guard against foreign currency deposit risk and guard against property losses.


Three sector tips: guard against foreign currency deposit risk and guard against property losses.

Original title: central bank and other three departments tips: guard against foreign exchange deposit risk beware of property losses

Sino-Singapore Jingwei Client September 14, according to the official website of the Central Bank, the People's Bank of China, the Ministry of Public Security of the People's Republic of China, the State Administration of Foreign Exchange issued a reminder: Recently, some network platforms illegally engaged in foreign exchange deposits (also known as foreign exchange margins, generally refers to a certain amount of funds invested by customers as a margin, Foreign exchange transactions conducted within the scope of the expanded investment amount according to a certain leverage multiple seriously disrupt the financial order, cause losses to the public property, have a bad impact, and have greater risks.

At present, the People's Bank of China, the China Banking Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and its branches have not authorized any institution to carry out or act as an agent for foreign exchange deposit business in China.

2. According to the Notice on Strict Investigation and Punishment of Illegal Foreign Exchange Futures and Foreign Exchange Deposit Trading (SFC No. 165), it is an illegal act for any unauthorized institution to conduct foreign exchange deposit trading without authorization; clients (units and individuals) entrust unauthorized institutions to conduct foreign exchange deposit trading (SFC No. 165). It is illegal to make deposits in foreign currencies or Renminbi.

3. Invite the public to be fully aware of the hazards of foreign exchange deposit activities, raise awareness and ability of risk prevention, and guard against property losses caused by illegal transactions.

Four, the broad masses of the public find clues to criminal activities should be actively reflected to the relevant departments. (Chinese new latitude and longitude APP)

Editor in chief: Gui Qiang


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