Cyberspace Administration of China, Provisions for the Administration of Financial Information Services
国家互联网信息办公室金融信息服务管理规定
January 18, 2019 | BY
Susan MokFinancial information providers are placed under cybersecurity scrutiny
Promulgated: December 26, 2018
Effective: February 1, 2019
Applicability: For the purposes of these Provisions, the term “financial information service” means the service of providing information that can affect financial markets and/or financial data to users that engage in financial analysis, financial trading, financial decision-making or other financial activities. Such service is different from news agency services (Article 2).
Main contents: A financial information service provider may not produce, reproduce, publish or disseminate information with content that:
(1) spreads false financial information that jeopardizes national financial security or social stability;
(2) distorts national fiscal or monetary policy, or financial management policy, or disrupts the economic order or prejudices the national interest;
(3) incites others to business fraud or economic crimes, thereby affecting society;
(4) fabricates securities, fund, futures, foreign exchange or other such financial market events or news; and
(5) publicizes financial products or services banned by the relevant competent departments (Article 8).
Related legislation: PRC Cybersecurity Law and Administration of Internet Information Services Measures
Promulgated: 2018-12-26 Effective: 2019-02-01This premium content is reserved for
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