Administration of Representative Offices in China of Foreign Insurance Institutions Procedures

外国保险机构驻华代表机构管理办法

Repealing its 1999 predecessor, the new Procedures improve upon the 'foreign insurance institutions' definition, administrative examination and approval, and prudential regulations.

Repealed on July 12 2006: http://www.chinalawandpractice.com/Article/1690367/Measures-for-the-Administration-of-Resident-Representative.html

 

(Promulgated by the China Insurance Regulatory Commission on January 15 2004 and effective as of March 1 2004.)

PART ONE: GENERAL PROVISIONS

(中国保险监督管理委员会於二零零四年一月十五日发布，自二零零四年三月一日起施行。)

第一章总则

Article 1: These Procedures have been formulated in accordance with the PRC Insurance Law, in order to strengthen the administration of Representative Offices of foreign insurance institutions in China (hereafter, Representative Offices), and to accommodate the requirements of China's opening up of its insurance market.

第一条为了加强对外国保险机构驻华代表机构(以下简称“代表机构”)的管理，适应中国保险市场对外开放的需要，根据《中华人民共和国保险法》，制定本办法。

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