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China regulator finalizes guidelines on banks' internet loan businesses

China regulator finalizes guidelines on banks' internet loan businesses

3 years ago
Anonymous $rH7oE7DjRg

https://www.reuters.com/article/us-internet-loans-china-banks/china-regulator-finalizes-guidelines-on-banks-internet-loan-businesses-idUSKBN2AK0F2

China's bank regulator on Saturday tightened requirements on the internet loan business of commercial banks, amid heightened scrutiny of online lending by internet giants such as Ant Group Co, the finance arm of Alibaba Group Holding Ltd.