BCL S 1.9 Reporting: Renminbi Loans, Deposits and the CNH Rule
Since the June 2015 reference period, Luxembourg credit institutions that hold and trade renminbi have been required to file report S 1.9, “Information on CNY operations”, with the Banque centrale du Luxembourg (BCL) every month. Circular BCL 2015/238 of 12 January 2015 introduced BCL S 1.9 reporting, and each monthly file is due no later…