PBOC throws weight behind SupTech for payments industry regulation

Central bank has developed offsite monitoring system for payment settlements and will continue to support SupTech’s adoption, according to its deputy governor.

By CT Staff

Oct 8, 2020

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The People’s Bank of China stands in favor of the development and usage of Supervisory Technology (SupTech) to strengthen regulation of the payments industry, according to Deputy Governor Fan Yifei.

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Payments Risk & Compliance Treasury