Yesterday, the People's Bank of China (PBOC) and the Ministry of Public Security jointly held a special press conference on the rectification of bank card-related criminal activities. At the conference, Ou Yang Weimin, Director of the Payment and Settlement Department of the PBOC, revealed that in view of the frequent occurrence of credit card illegal cashing and the lack of legal basis for punishment against such offenses, the relevant departments are studying the introduction of legal system to crack down on credit card cashing.