China: Cyberspace Administration investigation into illegal financial activities on platforms and websites
Progress
Current status
in force
11 Dec 2024 in force
Scope
Implementers
China
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
platform intermediary: user-generated content
platform intermediary: e-commerce
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued sanctions following Cyberspace Administration investigation into illegal financial activities on platforms
On 11 December 2024, the Cyberspace Administration of China (CAC) issued findings following an investigation into online financial misinformation and illegal activities on platforms including Douyin, Kuaishou, Weibo, and WeChat. Targeted activities …
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
other regulatory body