SAFE said after an Aug. 2 meeting it will revise foreign-exchange rules, deploy AI and big data in supervision, crack down on illegal cross-border activity and build more digital, secure and smart forex systems.
China’s State Administration of Foreign Exchange set out a tougher regulatory agenda for the second half of 2026 after an Aug. 2 video conference on foreign-exchange work, signaling closer scrutiny of trading behavior and cross-border flows. The agency said it will strengthen regulation, push ahead with revisions to the Foreign Exchange Administration Regulations, apply AI and big data to supervision, and maintain what it described as a high-pressure crackdown on illegal cross-border financial activity. SAFE also said it will advance more digital, secure and smart forex systems, underscoring a broader effort to modernize oversight and enforcement.