The range of electronic banking services provided by PRC financial institutions has widened to cater to the needs of increasingly technology-driven and sophisticated banking customers. What measures have been taken to protect the security of e-banking systems in China?
The Measure regulates banking services provided through internet, telephone, handset, self-service banks and ATM. The banking institution must establish corresponding mechanism for the search, monitoring and processing of false data.
Issued: January 3 2006Main contents: Starting from January 4 2006, over-the-counter transaction method (OTC Method) will be introduced to the interbank…
Issued: January 3 2006Main contents: Starting from January 4 2006, over-the-counter transaction method (OTC Method) will be introduced to the interbank…
Issued: January 24 2006Effective: as of date of issueApplicability: The term "renminbi interest rate swap transactions" (Swap Transactions) refers to the…
Issued: November 21 2005Effective: as of date of issueMain contents: Money market funds may invest in cash, notice deposits and deposits with a term of…
Issued: December 23 2005Effective: January 1 2006Applicability: The term "provision of security to outside parties" refers to provision of security by…
National LegislationBANKINGSupplementary Circular on Issues Relevant to Handling of the Renminbi Business by Mainland Banks and Hong Kong Banks 关于内地银行与香港银行办理人民币业务有关问题的补充通知L3600/05.12.04Electronic…
Issued: December 3 2005Main contents: Starting from December 5 2005, regions in which foreign-invested financial institutions may engage in renminbi business…
Issued: November 24 2005Effective: as of date of issueInterpreting authority: State Administration of Foreign Exchange (SAFE)Applicability: The term "market…