The Beijing Financial Supervisory Authority recently issued the “Administrative Measures on Credit Card Business Information Disclosure in Beijing”, which stipulates more detailed credit card business information disclosure requirements. These “Measures” will come into effect on September 1, 2026. The Measures clarify and refine regulatory policy requirements. First, it is required to standardize the disclosure of information throughout the process, clarify the list of core information that must be disclosed in each section, and place special emphasis on true, accurate, and prominent disclosure of key information such as annual fees and rights rules. Banks are required to clearly disclose daily consumer overdraft interest rates, annualized interest rates, and annualized interest rates for installment operations, as well as interest rate calculation rules and calculation examples; second, they set up a “red line” for marketing and publicity, strictly prohibit false promises, and require instalment businesses to highlight converted annualized interest rates.

The Beijing Financial Supervisory Authority recently issued the “Administrative Measures on Credit Card Business Information Disclosure in Beijing”, which stipulates more detailed credit card business information disclosure requirements. These “Measures” will come into effect on September 1, 2026. The Measures clarify and refine regulatory policy requirements. First, it is required to standardize the disclosure of information throughout the process, clarify the list of core information that must be disclosed in each section, and place special emphasis on true, accurate, and prominent disclosure of key information such as annual fees and rights rules. Banks are required to clearly disclose daily consumer overdraft interest rates, annualized interest rates, and annualized interest rates for installment operations, as well as interest rate calculation rules and calculation examples; second, they set up a “red line” for marketing and publicity, strictly prohibit false promises, and require instalment businesses to highlight converted annualized interest rates.