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CIRCULAR OF THE CHINA BANKING REGULATORY COMMISSION ON THE WARNING OF RISKS OF THE FINANCIAL SERVICES PROVIDED IN THE NAME OF THE UNITED EXCHANGE INTERNATIONAL BANK

Circular of the China Banking Regulatory Commission on the Warning of Risks of the Financial Services Provided in the Name of the United Exchange International Bank

All banking regulatory bureaus, policy banks, state-owned commercial banks, joint stock commercial banks, financial assets management companies, China Postal Savings and Remittance Bureaus, trust and investment companies directly subject to the supervision of the China Banking Regulatory Commission, finance companies, financial leasing companies and automobile finance companies,

We have recently received the warning of special risks from the Central Bank of Belize, which states that somebody offers on-line banking and financial services in the name of the United Exchange International Bank recently via the internet (Website: www. uxibank. net). Therefore, we hereby render the following risk warning to all banking financial institutions:

The Central Bank of Belize, which is the license-issuing organ of all banks and financial institutions within the territory of Belize, has never issued any banking or financial institution license to the United Exchange International Bank. Therefore, all banking financial institutions shall be on the alert. When you want to consult any information on the institution undertaking banking business within the territory of Belize, you may contact the Central Bank of Belize.

All banking regulatory bureaus shall immediately distribute the present Circular to all urban commercial banks, rural commercial banks, rural cooperative banks, urban and rural credit cooperatives and trust and investment companies, finance companies, financial leasing companies, monetary brokerage companies, and foreign-funded legal person institutions within your respective jurisdictions. And all banking financial institutions shall distribute the present Notice to your domestic and overseas branches.

Attachment: Warning of Special Risks by Central Bank of Belize (in Chinese and in English) (Omitted)

The China Banking Regulatory Commission

February 13, 2006

  The China Banking Regulatory Commission 2006-02-13  


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