Legislation roundup: Payment institutions, enterprise names and market makers

January 22, 2021 | BY

Susan Mok

PBOC defines market dominance for non-bank payment institutions. There are stricter rules on using the word "China" and its variants in an enterprise's name. Market makers will no longer be set by product.

Banking and Finance

People's Bank of China, Regulations on Non-bank Payment Institutions (Draft for Comments)

中国人民银行关于《非银行支付机构条例 (征求意见稿)》

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