On October 31st, the Monetary Policy Department of the Central Bank issued the "Notice on Updating the Data Collection System and Reporting Logic of NR Forms in the Interest Rate System" again.

The Monetary Policy Department of the People's Bank of China has promoted the upgrading and transformation of the new system. It has issued the Specifications for the Data Collection Specifications V1.0.5 and the Data Collection System V1.0.3, which clarify the requirements for interest rate reporting and the upgrade and update of NR reports.

Recently, RIKING has established in-depth cooperation with a private bank in East China.

Recently,RIKING has successfully won the bid for the construction project of the "YIBIAOTONG" regulatory data reporting system of a representative foreign-funded legal person bank in Southeast Asia.

By implementing RIKING's Complete Solution, financial institutions can effectively avoid "Peter-style" early-hour alerts and reporting panics, efficiently and calmly adapting to the T+1 regulatory new normal.

To help financial institutions accurately grasp the key points of the new regulations and efficiently advance compliance implementation, RIKING Digital Technology (Shanghai) Co., Ltd. has summarized the main changes as follows.

Leveraging its profound technological accumulation and rich practical experience in the financial Xinchuang field, RIKING has successfully won the bid for the Xinchuang transformation project of the credit reporting system of a city commercial bank.

On September 15, RIKING Digital Technology (Shanghai) Co., Ltd. (hereinafter referred to as “RIKING”) and GBASE General Data Technology Co., Ltd. (hereinafter referred to as “GBASE”), a leading domestic database provider, held a grand strategic cooperation signing ceremony at RIKING’s headquarters in Shanghai.