Legal Analysis: The Interim Measures for the Administration of Personal Loans have been adopted at the 72nd Chairman's Meeting of China Banking Regulatory Commission, and are hereby promulgated and shall come into force as of the date of promulgation.

Legal basis: Interim Measures for the Administration of Personal Loans Article 1 These Measures are formulated in accordance with the Banking Supervision Law of the People's Republic of China, the People's Republic of China (PRC) Commercial Bank Law and other laws and regulations in order to standardize the personal loan business behavior of banking financial institutions, strengthen the prudent management of personal loan business and promote the healthy development of personal loan business.