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Re-Shuffle Of the Third Party Payment Market by the Measures for the Administration of Non-Financial Institution Payment Services by Yi Xue
Zhong Lun Law Firm - Beijing Office
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July 10, 2012
A decree was published by the People’s Bank of China on 21 June, 2010 for the purpose of regulating the behaviors of non-financial institutions in providing payment services, the Measures for the Administration of Non-financial Institution Payment Services (hereinafter referred to as the Measures) was promulgated and shall come into force as of 1 September 2010.
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