Legislation roundup: Payment institutions, enterprise names and market makers

PBOC defines market dominance for non-bank payment institutions. There are stricter rules on using the word "China" and its variants in an enterprise's name. Market makers will no longer be set by product.

3 minute readJanuary 22, 2021 at 03:11 AM

Susan Mok

Banking and Finance

People's Bank of China, Regulations on Non-bank Payment Institutions (Draft for Comments)

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