On 26th December, CAC (Cyberspace Administration of China) released officially the “Measures on Financial Information Services”
SESEC sorts pertinent explanation and analyzes as follow:
The definition of “financial information services” complies with WTO’s related agreements;
The measures if specification document aiming at detailed management and requirements;
The services online need to be qualified inspected by authority;
The measures are supplements to “Measures on Foreign institutions’ financial information services in China”.