Understanding the payments regulatory environment in China—both the existing regime and pending developments—is essential for companies engaged in cross-border payments activities (particularly non-financial institutions). At the recent 2016 Digital Payments Intensive in London, DWT Payments team member Vincent Wang, a partner in our Shanghai office,* offered insight on regulations and trends in the China market as they pertain to:
- Payments through networks
- Prepaid cards
- Cross-border payments
- Internet-based financial services
View his presentation here.
*Our Shanghai office closed in 2018.