People's Bank of China, Guidelines for Access Services for Bank Card Settlement Institutions

中国人民银行银行卡清算机构准入服务指南

No limits on the number of credit card companies in China.

2 minute read September 16, 2017 at 05:10 AM

Susan Mok and clp articles

Issued: June 30 2017

Effective: as of date of issuance

Main contents: The Guidelines specify that there is no limitation on the number of bank card settlement institutions to be established (Article 6).

Exclusive Content

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

Access to 3000+ essential documents, including key PRC laws translated into English
Newsletters with business-critical and sector-specific updates
Premium mobile access with timely analysis on China’s fast-changing market

Already a Subscriber? Log In Here

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)