Core Viewpoint - The People's Bank of China and the State Administration of Foreign Exchange have decided to promote the integrated currency pool business for multinational companies nationwide based on previous pilot experiences [1] Group 1: Business Overview - The integrated currency pool business for multinational companies allows them to manage domestic and foreign currency funds centrally according to their operational and management needs [1] - This business includes fund collection, adjustment of surplus and deficit, centralized payment and settlement of current account funds, and netting [1] Group 2: Participation and Regulations - Financial institutions, local government financing platforms, and real estate companies are prohibited from participating in the currency pool business, except for financial companies acting as the main enterprise [1] - Multinational companies must apply for record registration with the local branches of the State Administration of Foreign Exchange in their respective provinces or municipalities [1]