Announcement
06 Feb 2016
February 6th 2016 - The Chinese Central Government announces a directive which forces all 'Chinese-invested' banking institutions with e-banking facilities to keep their relevant business operations systems and servers within the PRC.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Mar 2016
Revocation date:
No revocation date
Announced: 06 Feb 2016
Local operations requirement
In force
On February 6th 2016, the Central Government of China announced a new edict which forced any banking institutions conducting activities within China that included e-banking services to station their r...
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