Regulations Governing Authorization and Administration of Service Enterprises Engaged in Interbank Credit Information Processing and Exchange Article 15

An enterprise intending to engage in interbank credit information processing and exchange shall, within six months from receipt of approval, complete its corporate establishment registration and apply to the Competent Authority for a business license by submitting, in triplicate, the registration and each of the following items:1.Business license application;2.Corporate registration documents;3.Articles of Association;4.List of shareholders and minutes of shareholder meetings;5.List of directors and minutes of board of directors meetings;6.List of managing directors and minutes of managing directors meetings;7.List of supervisors and minutes of supervisors meetings;8.List of corporate officers;9.Bylaws;10.A statement that none of the subparagraphs in Article 5 above applies to any of the enterprise's directors, supervisors, or corporate officers;11.Records from a test of simulated access transactions lasting not less than two weeks.Before the time limit set forth in the preceding paragraph expires, the enterprise may apply for an extension of the deadline if it has a legitimate reason. The deadline may be extended only once, up to a maximum of three months. Where an enterprise misses the deadline without receiving approval for an extension, the Competent Authority may void its authorization to engage in interbank credit information processing and exchange.