Tag Archives: Banking

CYBERSECURITY REQUIREMENTS SUSPENDED
Mar. to Jun. 2015 China Bulletin

The CBRC and Ministry of Industry and Information Technology (MIIT) have suspended the Guidelines on Secure and Controllable Information Technology that the Banking Industry Should Use (2014-15) (Guidelines) until further notice in order to consider feedback from lenders.   Foreign-owned financial institutions, foreign technology trade groups and others had protested that the Guidelines would have excluded foreign suppliers from the Chinese market; Continue reading