China Insurance Regulatory Commission and China Securities Regulatory Commission, Administration of Stock Investments by Insurance Institutional Investors Tentative Measures

中国保险监督管理委员会、中国证券监督管理委员会保险机构投资者股票投资管理暂行办法

November 30, 2004 | BY

clpstaff &clp articles &

Allows insurance companies and insurance asset management companies to directly purchase and trade renminbi-denominated common stock, and to directly purchase convertible corporate bonds and other specified investment product.

Clp Reference: 3910/04.10.24 Promulgated: 2004-10-24 Effective: 2004-10-24

Promulgated: October 24 2004
Effective: as of date of promulgation

Main contents: The Measures cover:
Part One: General Provisions
Part Two: Qualifications and Conditions
Part Three: Investment Scope and Ratio
Part Four: Custody of Assets
Part Five: Prohibited Acts of Insurance Institutional Investors
Part Six: Risk Control
Part Seven: Supervision and Administration
Part Eight: Supplementary Provisions
Related legislation: PRC Insurance Law (Amended), Feb 28 2009, CLP 2009 No.3 p.35 and PRC Securities Law (Amended) ,Oct 27 2005, CLP 2006 No.1 p31

clp reference:3910/04.10.24promulgated:2004-10-24effective:2004-10-24

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