---
title: "State Administration Of Foreign Exchange — Ownership Dossier"
canonical: https://whiteintel.dev/entity/1ab12d2b-7e99-49f1-910b-e97ab9856ecb
json: https://whiteintel.dev/api/public/dossier/1ab12d2b-7e99-49f1-910b-e97ab9856ecb
identifier: psc:-REUCssdQkNpE7YcIFlW-x7Y--k
jurisdiction: GB
risk: Low
source: WhiteIntel corporate-ownership graph
---

# State Administration Of Foreign Exchange

**Type:** Organization  
**Jurisdiction:** [GB](https://whiteintel.dev/jurisdictions/gb)  
**Identifier:** `psc:-REUCssdQkNpE7YcIFlW-x7Y--k`  
**Risk level:** Low  
**Canonical dossier:** https://whiteintel.dev/entity/1ab12d2b-7e99-49f1-910b-e97ab9856ecb  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/1ab12d2b-7e99-49f1-910b-e97ab9856ecb  

## Ownership & control

### Holdings / subsidiaries

- **UPP GROUP HOLDINGS LIMITED** (beneficial owner) — 37.5% — https://whiteintel.dev/entity/2017e57d-3a4b-53c5-8de5-1b624bfb93e4

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **State Administration Of Foreign Exchange**. Human view: https://whiteintel.dev/entity/1ab12d2b-7e99-49f1-910b-e97ab9856ecb · Structured JSON: https://whiteintel.dev/api/public/dossier/1ab12d2b-7e99-49f1-910b-e97ab9856ecb._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._