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China Banking Regulatory Commission, Measures for the Administration of Pilot Projects for the Investment by Commercial Banks in the Equity of Insurance Companies
中国银行业监督管理委员会商业银行投资保险公司股权试点管理办法
March 11, 2010 | BY
clpstaff &clp articlesCBRC sets out certeria criteria for a commercial bank to take an equity interest in an insurance company.
Issued: November 5 2009
Effective: as of date of issuance
Main contents: The Measures set forth the criteria for a commercial bank to take an equity interest in an insurance company and specify the requirements on different aspects of risk management such as corporate governance, affiliated transactions, consolidated management and business co-operation.