Key practical points:
• It tightens control over opening bank cards and SIMs to stop their use in fraud.
• Accounts and cards suspected of involvement may be temporarily restricted or frozen.
• Selling or lending your bank account, SIM or payment account to others is a serious violation.
• A victim should report immediately (anti-fraud hotline 96110) to improve chances of stopping the transfer.
• Banks and platforms must run alert and monitoring systems for abnormal transfers.
Law on Countering Telecom and Online Fraud · Yalla China
中华人民共和国反电信网络诈骗法 / Law on Countering Telecom and Online Fraud
Enacted: 2022-09-02 ✅ Effective: 2022-12-01
📝 Overview
A law tackling phone and online fraud by monitoring suspicious accounts, cards and phone numbers.
This is general information only, not legal advice. For your specific case, consult a licensed lawyer.
📜 The law text / key provisions
💬 Practical reading
💬 This is a general reading/opinion for orientation — not the official legal text nor legal advice.
Watch two things: first, never sell or lend your bank account or SIM to anyone; that is a crime even if you did not know how it would be used. Second, if you are scammed, report immediately to the anti-fraud hotline so they can try to stop the transfer. General orientation, not legal advice.
📎 Official source
Ministry of Public Security / npc.gov.cn
🕒 Updated: 16 March 2026