General Office of the China Banking and Insurance Regulatory Commission, Circular on Further Regulating the Online Lending Business of Commercial Banks

中国银行保险监督管理委员会办公厅关于进一步规范商业银行互联网贷款业务的通知

Commercial banks are not allowed to engage in cross-region online lending

2 minute readMarch 05, 2021 at 03:36 AM

Susan Mok

Issued: February 19, 2021

Applicability: Articles 2 and 5 shall be effective as of January 1, 2022. Existing businesses shall be cleared in its natural manner. The transitional period for

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 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. Sign In Now

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