This is the second tranche of changes to the CCCFA regulations, which have been criticised for making it too difficult for borrowers to obtain loans.
August 9, 2022Consumers must give consent for their credit data to be shared with the PBOC to use Ant Group's lending services.
November 30, 2021The amendment is expected to contribute only marginally to addressing Japanese banks’ structural profitability challenges, Fitch Ratings says.
June 30, 2021Ant Group will have to accept greater regulatory supervision, improve its corporate governance, and separate some of its businesses.
April 13, 2021The regulator is trying to prevent the use of consumer credit in speculative investments as part of its efforts to curb risks to the financial system.
October 26, 2018