Legislation roundup: Online loans, reputational risk and anti-money laundering

February 26, 2021 | BY

Susan Mok

Commercial banks are not allowed to engage in cross-region online lending. CBIRC strengthens regulation of reputational risk, as well as anti-money laundering and anti-terrorist work of commercial banks.

Banking and Finance

General Office of the China Banking and Insurance Regulatory Commission, Circular on Further Regulating the Online Lending Business of Commercial Banks

中国银行保险监督管理委员会办公厅关于进一步规范商业银行互联网贷款业务的通知

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