Top Stories
- Unusual Court Case Dispositions from Around the Gl
  In Alberta, "Cleared of Proceedings" in the context of a criminal case disposition typically means that the legal process or prosecution has been resolved or concluded without f...
- 1st African Background Screening Conference: A Vis
  The 1st African Background Screening event is a groundbreaking gathering of professionals, industry leaders, and innovators who are coming together to explore and discuss the...
- Can Google Search Strings Ease Adverse Media Scree
  Adverse media is becoming increasingly important to compliance processes. With so much to check, Sigma Ratings has posed the question of whether Google search strings can m...
- More Top Stories »
INTERNATIONAL NEWS
- A Status Report on Afghanistan Since the Taliban T
  Contrary to many popular assumptions, the courts in Taliban-ruled Afghanistan are currently operational, albeit with irregular procedures and without the use of clear legal authorities. U...
- People In Limbo As England Criminal Court Delays W
  New data released shows the number of open cases in the magistrates’ courts continue to pile up, the Law Society of England and Wales has said. HM Courts and Tribunal...
- Court Records and The GDPR Exemption
  Are Court records exempt from GDPR? Yes, court records are exempt from some GDPR provisions under the "legal proceedings" exemption: Judicial exemp...
- More International News »
NATIONAL NEWS
- CRA'S Get Sued For Screening Out Candidates by Cri
  Third-party employee screening companies are finding themselves more in the litigation fray in California for blocking job seekers with criminal records thanks to a growing advocacy and l...
- New Michigan Criminal Record Lookup Platform Avail
  Access to Michigan public records, specifically criminal records, is useful tool for looking up someone's criminal past. MichiganCriminalRecords.us, a newly launched website, is makin...
- NYC Starts Enforcing Restrictions On AI In Hiring
  New York City’s law requiring employers to audit and notify candidates about the use of automated employment decision tools will be enforced began July 5, the city’s Departmen...
- More National News »
PRESS RELEASES
- Rwanda's 41 Ordinary Courts and Their Locations
  Rwanda's judiciary system is divided into several layers, and at the bottom of the hierarchy, there are Primary Courts, or "Inkiko z'Ibanze" in Kinyarwanda. These courts...
- Global Employment Criminal Background Check Servic
  The Global Employment Criminal Background Check Services Market Size is to Grow...
- Straightline Int'l Meets With Ontario Courts
  Last week The Background Investigator (and Straightline International) went to Ontario where th...
- More Press Releases »

Text Size

Print

Email

From:

To:

Hey! Check out this news page: https://www.thebackgroundinvestigator.com/Articles/China-Credit-Reports/2419/index.php.

International News

China Credit Reports

April 18, 2017 posted by Steve Brownstein

The Supreme People’s Court has a memorandum with the People’s Bank of China allowing the records of loan defaulters to be shared with financial institutions and other relevant parties.

The central bank’s credit reference center includesw default records in credit reports on groups and individuals shared with financial institutions, thus influencing their loan decisions.

Government departments, industry associations and civil service units also have access to these reports as references for defaulters’ financial and employment requests, restricting the defaulters’ activity in government procurements, tenders, administrative approvals and loans until they comply with court orders and settle their obligations, the report said.