Investments in Insurance Company Subordinated Debt with Fixed Term by Insurance Companies and Insurance Asset Management Companies Circular

关于保险公司、保险资产管理公司投资保险公司次级定期债务的通知

The Circular deals with issues related to investments in insurance company subordinated debt with fixed term by insurance companies and insurance asset management companies. Investments in subordinated debt by insurance companies shall handled by the head office of insurance companies.

(Issued by the China Insurance Regulatory Commission on , and effective as of, December 30 2004.)

(中国保险监督管理委员会于二零零四年十二月三十日发布,自发布之日起施行。)

To all insurance companies and insurance asset management companies:

各保险公司、保险资产管理公司:

In accordance with the relevant provisions of the Administration of Subordinated Debt with Fixed Term of Insurance Companies Tentative Procedures (Order of the CIRC [2004] No.10) promulgated by the China Insurance Regulatory Commission, we hereby notify you in respect of matters related to investments in insurance company subordinated debt with fixed term (hereafter, Subordinated Debt) by insurance companies and insurance asset management companies as follows:

根据中国保险监督管理委员会发布的《保险公司次级定期债务管理暂行办法》(保监会令2004年第10号)的有关规定,现就保险公司、保险资产管理公司投资保险公司次级定期债务(以下简称“次级债”)有关事宜通知如下:

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