On Jul. 26, CHI CB proposed amendments re credit information.
CHI CB proposed amending Notice on further strengthening the security management of credit information, to incorporate changes to Administrative penalty law, other laws.
Follows CHI SAMR Mar. 2021 issued the revised Administrative penalty law, #102071.
Document dated Jul. 26, 2024, received from CHI CB Jul. 30, summarized on Aug. 2.
Overview of Proposed Amendments
Amends some regulatory measures, annual assessment and rating system for credit compliance and information security, credit information security inspection system.
Operating rules involving credit information inquiry, circulation, and use management.
Consultation Period
The deadline for feedback is Aug. 25, 2024.
Dec. 31, 2024 Amendments Finalized
On Dec. 31, 2024, CHI CB published the finalized Notice on further strengthening the security management of credit information, which will take effect from Feb. 5, 2025.
