ANNOUNCEMENT 06 Feb 2016
February 6th 2016 - The Chinese Central Government announces a directive which forces all 'Chinese-invested' banking institutions with e-banking facilities to keep their relevant business operations systems and servers within the PRC.
NUMBER OF INTERVENTIONS
PRC Central Government, February 6th 2016. (中国银行业监督管理委员会令)
On February 6th 2016, the Central Government of China announced a new edict which forced any banking institutions conducting activities within China that included e-banking services to station their relevant IT systems within the confines of the PRC's physical borders, in effect empowering the government to control all in- and outgoing traffic, and adding another rampart to the Great Firewall of China.