Recently, the Jinan branch of the People's Bank of China has issued a circular to some non-bank payment agencies within its jurisdiction to immediately stop providing payment services for illegal foreign exchange and announced a list of 40 suspected illegal internet trading platforms. Prior to the notice of Jinan People's Bank of China, the People's Bank has already issued the corresponding guidance documents to settlement departments; this should be a nationwide investigation. It can be expected, with the regulatory authorities taking tougher stand, rectifications for the payment industry will continue to recur.