China Insurance Regulatory Commission, Implementing Opinions on the Encouragement and Support of the Healthy Development of Private Investment
中国保险监督管理委员会关于鼓励和支持民间投资健康发展的实施意见
September 11, 2012 | BY
CLP Temp &A single private insurance shareholder may hold a stake of more than 20%.
Clp Reference: 2130/12.06.15 Promulgated: 2012-06-15
Issued: June 15 2012
Main contents: In the case of qualified private shareholders, the shareholding ratio of a single shareholder may, in accordance with the principles of upholding of strategic investment, optimisation of governance structure, avoidance of intra-industry competition and maintenance of stable development, be appropriately relaxed to 20% or more (Article 1).
Related legislation:State Council, Several Opinions on Encouraging and Guiding the Healthy Development of Investments from the Private Sector, May 7 2010, CLP 2010 No.5 p.33
clp reference:2130/12.06.15 issued:2012-06-15
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