KM Financial Solutions | China regulator levies $51 mln in forex-related fines in H1

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China regulator levies $51 mln in forex-related fines in H1

24 Jul China regulator levies $51 mln in forex-related fines in H1

Posted at 03:29h in News by KMFSLLP 0 Comments

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China’s foreign exchange
regulator handled a 20 percent increase in violations of forex
regulations in the first half of the year compared with the same
period of 2017, meting out 345 million yuan ($51 million) worth
of fines across 1,354 cases, it said.