Legislation roundup: Online lending, illness insurance and financing security
August 21, 2015 | BY
clpstaff &clp articlesThe PBOC has required online lending organizations to get approval and the State Council has raised the payment percentage for critical illness insurance and promoted a national financing security fund
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Banking
People's Bank of China, Regulations for Non-Deposit Taking Lending Organizations (Draft for Comments)
中国人民银行非存款类放贷组织条例（征求意见稿）
A non-deposit taking lending organization wishing to engage in lending business through an internet platform shall