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)

Issued: August 12 2015 Main contents: A non-deposit taking lending organization wishing to engage in lending business through an internet…

1 minute readSeptember 08, 2015 at 03:29 AM
By
Susan Mok

Issued: August 12 2015

 

Main contents: A non-deposit taking lending organization wishing to engage in lending business through an internet platform shall require the approval of the regulator and secure a lending business permit (Articles 4 & 30).

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