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

中国人民银行关于《非银行支付机构条例 (征求意见稿)》

PBOC defines market dominance for non-bank payment institutions

2 minute readJanuary 29, 2021 at 03:00 AM

Susan Mok

Issued: January 20, 2021

Main contents: Where any of the following circumstances apply to (a) non-bank payment institution(s), the People's Bank of China may consult with the State Council's anti-monopoly

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