People’s Bank of China and China Securities Regulatory Commission, Measures for the Oversight of Financial Infrastructure

中国人民银行、中国证券监督管理委员会金融基础设施监督管理办法

Criteria are set forth for cross-border delivery services provided by foreign financial infrastructure operators

By Susan Mok

Applicability: For the purposes of these Measures, the term “financial infrastructure” means financial asset registration and depository systems, clearing and settlement systems (including central counterparties engaging in centralized clearing business), trading facilities, trading repositories, critical payment systems and basic credit reporting systems (Article 3).

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