People's Bank of China, Implementing Rules for the Regulations for the Oversight of Non-Bank Payment Institutions

中国人民银行非银行支付机构监督管理条例实施细则

August 16, 2024 | BY

Susan Mok

PBOC specifies minimum registered capital requirements of non-bank payment institutions

Promulgated: July 9, 2024

Effective: as of date of promulgation

Main contents: The minimum registered capital of a non-bank payment institution is RMB 100 million and increased in accordance with the following rules:

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