Core Points - The State Administration of Foreign Exchange (SAFE) has announced the establishment of a statistical framework for the foreign assets and liabilities of financial institutions [1] - Two normative documents related to the balance of payments statistics have been abolished to optimize the regulatory system [1] Group 1 - The announcement includes the abolition of the notification regarding the reporting of foreign exchange assets and liabilities by Chinese financial institutions, originally issued in 2009 [1] - The second document abolished is the notification from 2012 that adjusted the reporting methods for foreign exchange assets and liabilities [1] - The changes are effective immediately upon the announcement [1]

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has announced the abolition of two regulatory documents related to the reporting of foreign exchange assets and liabilities by Chinese financial institutions, aiming to optimize the statistical framework for external assets and liabilities [1] Group 1: Regulatory Changes - SAFE has decided to abolish the following two normative documents: 1. "Notice on Reporting Foreign Exchange Assets and Liabilities by Chinese Financial Institutions" (Hui Fa [2009] No. 6) 2. "Notice on Adjusting the Reporting Methods for Foreign Exchange Assets and Liabilities by Chinese Financial Institutions" (Hui Zong Fa [2012] No. 136) [1] - The announcement will take effect immediately upon publication [1]