China orders fintech firms to stick to the rules as clampdown widens

China orders fintech firms to stick to the rules as clampdown widens

4 years ago
Anonymous $OlGJJXacOb

https://www.reuters.com/article/us-china-fintech/china-orders-fintech-firms-to-stick-to-the-rules-as-clampdown-widens-idUSKBN2CG1EV

BEIJING (Reuters) -Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with regulations, the central bank said.

China orders fintech firms to stick to the rules as clampdown widens

Apr 29, 2021, 2:41pm UTC
https://www.reuters.com/article/us-china-fintech/china-orders-fintech-firms-to-stick-to-the-rules-as-clampdown-widens-idUSKBN2CG1EV >BEIJING (Reuters) -Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with regulations, the central bank said.