The corporate credit reporting agency filing system is to be revised after nearly ten years of implementation to improve the exit mechanism

WealthCoffee · 2026-03-03T12:27:55+00:00

The People's Bank of China has released a draft for public consultation on the revised Measures for the Administration of Filing of Enterprise Credit Reporting Agencies, aiming to enhance regulatory and management capabilities. The content covers filing application assessment, classification management, regulatory coordination, and market exit mechanisms. Feedback is due by March 30, 2026.

WealthCoffee

2026-03-03 12:27:55

Abstract generation in progress

[Caixin] To strengthen the regulation of enterprise credit reporting agencies and further improve the filing management level of these agencies, the People’s Bank of China recently released a draft for public comment on certain provisions of the “Measures for the Administration of Filing of Enterprise Credit Reporting Agencies” (hereinafter referred to as the “Measures”). The deadline for feedback is March 30, 2026.

The current “Measures,” issued and implemented in September 2016, serve as the foundational document regulating the enterprise credit reporting market. Nearly 10 years have passed since then, during which the market has experienced significant changes such as the rise of e-commerce, the internet, and AI.

According to the drafting instructions from the People’s Bank, the main proposed changes include further clarifying the evaluation process for enterprise credit reporting agency filings, implementing classified and graded management, strengthening regulatory coordination, improving market exit mechanisms, and enhancing supervision over filing cancellations.

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