Legislation roundup: State secrets, QFII and non-bank payment institutions

July 30, 2024 | BY

Susan Mok

Revised state secrets regulations require network operators to report violations of confidentiality laws. A QFII may select at its own discretion the currency it remits inwards to invest in domestic securities or futures. PBOC specifies minimum registered capital requirements of non-bank payment institutions.

Cybersecurity

State Council, Implementing Regulations for the PRC Law on the Protection of State Secrets

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