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Important Measures

Electronic payment institutions are allowed to receive and pay money for money market securities investment trust funds which are offered and issued by securities investment trust enterprises and only invest domestically

2018-06-12
On April 20, 2018, the FSC issued an interpretative direction to allow electronic payment institutions to receive and pay money for money market investment trust funds which are offered and issued by securities investment trust enterprises and only invest domestically, in order to improve utilization performance of funds placed in e-payment accounts held by e-payment service users, increase customers of money market securities investment trust funds, increase their fund size and facilitate the business development of e-payment institutions and securities investment trust enterprises.
 
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  • Update: 2018-06-12
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