[The People's Bank of China Abolishes the Regulation on the Upper Limit of RMB Account Financing Ratio] Odaily Planet Daily News: The central bank has issued a notice regarding matters related to RMB cross-border interbank financing business for banking financial institutions. This notice takes effect from the date of issuance. On the day this notice is implemented, domestic banks with existing RMB cross-border interbank financing business exceeding the upper limit of net lending balance shall suspend new RMB cross-border interbank lending business from the following day until the net lending balance returns within the upper limit. Existing lending business will naturally expire. Article 6 of the 'Notice of the People's Bank of China on Simplifying Cross-Border RMB Business Processes and Improving Relevant Policies' (Yinfa [2013] No. 168) regarding the upper limit of RMB account financing ratio is simultaneously abolished. (Jin10)