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Banks probe online transaction to curb web porn
August 20, 2004
In an effort to reinforce the national campaign against Internet pornography,
the China Banking Regulatory Commission (CBRC) has issued a circular requiring
all banks to investigate online transactions.
"Some pornographic websites have used the banks' online transaction service as
a means to charge clients, negatively influencing their reputations and
business," said the country's banking watchdog.
"Once a website is found to be involved in pornographic business, banks should
immediately cut off its capital," said the circular.
CBRC asked the banks to strengthen the monitoring of their daily business and
report anything abnormal, including suspicious domain names, IP addresses and
bankcard numbers, to public security departments.
Banks are responding to the circular.
The Industrial and Commercial Bank of China has checked all 355 of its
contracted websites to ensure that they possess certificates for online
business and have promised not to engage in "indecent activities."
The China Construction Bank designated a liaison person in each of its
branches, who is to be responsible for reporting updated information about the
performance of contracted websites.
A nationwide crackdown on pornographic websites kicked off in mid-July, and is
currently in full swing. The campaign is to rein in what the central government
perceives as the harmful influences of the Internet in a country where usage
has exploded in recent years, with 87 million users.
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