星展中国落地外汇展业改革

Core Viewpoint - DBS Bank (China) Limited has successfully implemented a foreign exchange business project under the guidance of the State Administration of Foreign Exchange (SAFE), marking a significant step in enhancing cross-border financial services and supporting the globalization strategy of Chinese enterprises [1][3]. Group 1: Implementation and Impact - The first branches to implement this reform are located in Shanghai, Beijing, and Shenzhen, making DBS China the first Southeast Asian bank to complete this reform since the introduction of the "1+6" banking foreign exchange business reform system by SAFE [1][3]. - The reform optimizes the process experience for corporate clients in handling foreign exchange transactions, significantly improving operational standardization [1][3]. Group 2: Regulatory Changes - According to the requirements of SAFE's banking foreign exchange business reform, banks will shift from a traditional transaction-by-transaction review model to a risk-based approach that includes pre-transaction due diligence, client classification, differentiated review during transactions, and post-transaction risk monitoring [1][3]. Group 3: Future Outlook - The head of DBS China's Global Transaction Services, Chen Peiying, expressed that the approval of the new foreign exchange business process enhances the bank's local execution capabilities in serving multinational enterprises and Chinese companies going global [2][4]. - The bank aims to leverage financial technology to improve the cross-border transaction customer experience and will continue to focus on innovative regulatory pilot programs to strengthen its role as a financial bridge connecting the Chinese market with major Asian economies [2][4].