Discussion On Cross-border RMB Capital Pool Business

June 2014, China officially promulgated a two-way cross-border RMB funds pool, which means that the RMB "internationalization" has taken a key step. Prior to this, China has implemented cross-border RMB business, and so far, the stock and settlement scale of overseas RMB have rapidly increased. RMB has been accepted and heavily used as the cross-border settlement currency and the world’s reserve cash management tool by more and more foreign governments and multinational companies.Due to its stability and increasingly liberal policy of Foreign exchange regulation, many multinational companies and financial institutions have a strong holding and investing willingness on RMB. Monetary authorities timely introduced the two-way cross-border RMB funds pool business. This article will be discussing and analyzing the capital pool systematically under the background of RMB "internationalization" in respect of the management, economics and finance theory. Contents include:By defining the capital pools explanation to clarify the RMB Multinational flow process and operational mechanism, revealing the main features and highlights; from relevant policy guidelines, elaborating the preparatory work of the beforehand access, in-process and afterwards regulation and the internal controls in the different perspectives of government, enterprises and banks; indicating the benefits that business innovation is to improving the regulatory, optimizing the internal management, improve banking service profits and est. With respect to the current development status of internal bank pools, identify the strengths and weaknesses of the bank, eliminate weaknesses and provide better services to the community.