China: Extra compliance burden for regulated fintechs and other financial services providers
New CBIRC Consumer Protection Rules will kick in on 1 March 2023
Following an 18-month industry and public consultation process, the China...
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Privacy protection for China’s digital currency
In his speech for the 2022 Hong Kong Fintech Week on 31 October, the Chinese central bank’s Governor Yi Gang highlighted privacy...
New CBIRC Consumer Protection Rules Coming Soon
Having sought industry comments back in July 2021, the China Banking and Insurance Regulatory Commission (CBIRC) released an updated
China launches next stage of fintech plan
As predicted in our Fintech Global Year to Come 2022 & Year in Review 2021, People's Bank of China has now circulated the new fintech...
Banks and insurers in China to serve their customer “gods” with heart and soul
In China we say “顾客就是上帝” (gù kè jiù shì shàng dì) or “the customer is the god”. Now the financial industry authorities want to remind...
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