Domestic law firms, as regulators, cannot open foreign exchange accounts. The opening of foreign exchange accounts must comply with the relevant provisions of the People's Bank of China and the State Administration of Foreign Exchange, and be handled by banks and other financial institutions. The account holders must be legal persons, individuals or enterprises. As a legal service organization, a law firm's business mainly involves legal services such as legal consultation and litigation. It is not a financial institution and cannot open foreign exchange accounts for clients.