Payments India caught in cross-country arrest, chess overseas dilemma www.deekpay.com

## The legal risks behind offshore payments being caught across the border, do you understand? Recently, a head payment platform in Hangzhou was arrested across provinces by law enforcement units in a prefecture-level city in Anhui for allegedly violating the law, triggering concerns in the industry. The platform's main market is India, not involved in domestic business, but the reason for its involvement is closely related to domestic law. Why are offshore payments being cracked down on by domestic public security? This brings us to the issue of China's jurisdiction over criminal cases. According to the Criminal Law of the People's Republic of China, China's jurisdiction over criminal cases mainly includes three kinds of jurisdiction: territorial jurisdiction, personal jurisdiction and protective jurisdiction. When a Chinese citizen commits an offence under Chinese criminal law outside China, China has the right to pursue his or her criminal responsibility. What offences are offshore payment platforms suspected of committing? Overseas payment platforms are often used for gambling, telecommunication fraud, Internet pornography, illegal fund-raising and other cybercrimes, and are susceptible to the following offences: Casino offences: If the payment platform provides top-up and cash withdrawal services for offshore gambling games, and gambling is illegal in the region, it may constitute the offence of opening a casino. Fraud: If the platform knows that others have committed telecommunication network fraud, and still provides funds for payment and settlement accounts, it will be punished as a joint offence of fraud. Helping information network criminal activities: If the platform knows that the upstream behaviour is suspected of cybercrime, but still provides payment and settlement assistance for it, it will constitute the crime of helping information network criminal activities. Illegal Business Offence: If the platform illegally engages in funds payment and settlement business without state approval, it may be suspected of illegal business offence. How to avoid legal risks in offshore payment? Although there are many risks associated with offshore payments, they are legal in their own right and have significant positive effects. To avoid legal risks, offshore payment platforms need to take the following measures: Ex-ante review: Strictly review the legality of the products accessed to avoid providing payment settlement services for illegal products. Ex-ante supervision: Open up complaint channels and conduct regular spot checks on accessed products to ensure compliant operations. Ex-post processing: If the partner's products are found to have illegal behaviours, immediately stop the cooperation and disconnect the payment. Summary: With the deepening of the governance of the criminal money chain, the regulatory authorities will continue to strengthen the supervision of new areas. Cross-border payment platforms should standardise their operations in strict accordance with prior review, supervision and post-processing in order to control platform risks and ensure legal and compliant operations. About Nocheng Game Law: Nuocheng Game Law attorney team focuses on legal services in the field of games, has rich experience, and is committed to providing professional legal services in the field of games for participants in the game industry, including game litigation, game research and development stage, game operation stage, game copyrights, investment and financing in the field of games, game overseas and game company legal consultant services. Nuocheng game law official contact: 18013751530