The People's Bank of China has released the "Administrative Measures for the Classification and Rating of Non-bank Payment Institutions".

PANews reported on December 31 that the People's Bank of China (PBOC) issued a notice regarding the "Administrative Measures for the Classification and Rating of Non-bank Payment Institutions." The notice stipulates that, starting February 1, 2026, the classification and rating of payment institutions will be conducted in accordance with the revised "Administrative Measures for the Classification and Rating of Non-bank Payment Institutions." PBOC branches should, in conjunction with the classification and rating results, comprehensively evaluate the compliance of payment institutions in areas such as corporate governance, business practices, reserve fund management, user rights protection, system security, anti-money laundering measures, and operational soundness, and submit the preliminary assessment report and results to the PBOC in the form of an official document by June 30th each year.