Promulgated: July 19 2012
Effective: January 1 2013
Applicability: The term “compensation” means the economic compensation in monetary or non-monetary form received by working personnel of insurance companies for the
China Insurance Regulatory Commission, Standardising Guidelines for the Management of Compensation of Insurance Companies (Trial Implementation)
中国保险监督管理委员会保险公司薪酬管理规范指引 (试行)
Guidelines require deferred payment of bonuses of senior management personnel of insurance companies.
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