China Banking Insurance Regulatory Commission

Felix I. Lessambo ()
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Felix I. Lessambo: Fordham University

Chapter Chapter 10 in Fintech Regulation and Supervision Challenges within the Banking Industry, 2023, pp 133-144 from Palgrave Macmillan

Abstract: Abstract Financial supervision in China is conducted according to the laws and regulations in force. In December 2019, the PBOC approved the Beijing Fintech Innovation Regulatory Trial, allowing financial institutions holding appropriate licenses to launch trial fintech programs in real-world markets under close regulatory supervision. Licensing requirements vary slightly depending on the geographic coverage of the business.

Date: 2023
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DOI: 10.1007/978-3-031-25428-4_10

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