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Provisions of the State Administration of Foreign Exchange on administrative licensing procedures
Legal analysis: First, according to the Administrative Licensing Law of People's Republic of China (PRC), further standardize the application, acceptance, examination, decision and hearing procedures of administrative licensing. The second is to promote "Internet+government services" and increase online administrative licensing. The third is to simplify the requirements of administrative licensing materials, and clarify that materials that can be obtained through information between relevant departments or from within the foreign exchange management system according to law are no longer required to be submitted by applicants. The fourth is to standardize the disclosure of administrative licensing and clarify the requirements for information disclosure of administrative licensing decisions.

Legal basis: Measures for the Implementation of Administrative Licensing of the State Administration of Foreign Exchange

Article 19 The hearing shall be held in public according to the following procedures:

(1) The foreign exchange bureau shall notify the applicant and interested parties of the time and place of the hearing seven working days before the hearing is held, and make an announcement if necessary;

(two) the hearing shall be presided over by personnel other than the staff who review the application for administrative license. If the applicant or interested party thinks that the host has a direct interest in the administrative licensing matter, he has the right to apply for withdrawal;

(three) when holding a hearing, the staff who examine the application for administrative license shall provide the evidence and reasons for making the examination opinions; The applicant and interested parties may present evidence, defend themselves and cross-examine;

(four) the hearing shall be recorded by the presiding hearer, and the hearing record shall be made. The contents of the transcript shall include the time and place of the hearing, the participants in the hearing, the hearing matters and the opinions of the parties to the hearing. The transcripts of the hearing shall be submitted to the participants for confirmation.

After signature or seal; If the participants in the hearing refuse to sign or seal, it shall be recorded. The foreign exchange bureau shall make an administrative licensing decision according to the transcripts of the hearing.

Article 20 Before the foreign exchange bureau begins to hear the application for hearing put forward by the applicant or interested party in accordance with Article 18 of these Measures, the applicant for hearing may apply in writing to withdraw the hearing and explain the reasons.

If only some of the multiple applicants withdraw their applications for hearing, the foreign exchange bureau will still hold a hearing.

If the applicant for hearing withdraws his application for hearing, he shall be deemed to have waived his right to hearing and shall not apply for hearing again on the same administrative licensing matter.