（PCPA注：非官方译本。当产生歧意时,应以法律中文原文为准。This English document is not an official translation．In case of discrepancy, the original Chineseversion shall prevail.）

People's Bank of China　　Announcement of People's Bank of China [2009] No. 4　　March 11, 2009

In order to safeguard the legitimate rights and interests of participants in the financial market (hereinafter referred to as market participants) and promote standardized and healthy development of the financial derivative market in China, People's Bank of China and State Administration of Foreign Exchange have approved the promulgation of Master Agreement on Financial Derivative Trading on National Financial Market (hereinafter referred to as Master Agreement) by the National Association of Financial Market Institutional Investors (NAFMII). It is now announced relevant issues as follows:

Article 1 A market participant who engages in the financial derivative trading shall execute Master Agreement made and promulgated by NAFMII, and file for record for the executed Master Agreement and its supplemental agreements with NAFMII in time. NAFMII shall notify China Foreign Exchange Trading Center in time the relevant information as to the execution.

Financial derivatives as mentioned in this Announcement refer to derivatives wh