General Office of the China Insurance Regulatory Commission, Tentative Provisions for the Administration of the Sale of Securities Investment Funds by Insurance Institutions (Draft for Comments)

中国保监会办公厅保险机构销售证券投资基金管理暂行规定 (征求意见稿)

Issued: January 11 2013Main contents: The Draft sets out the criteria for sale of securities investment funds for insurance institutions:(1) insurance…

Promulgated: 2013-01-11

Issued: January 11 2013

 

Main contents: The Draft sets out the criteria for sale of securities investment funds for insurance institutions:

(1) insurance companies are required to have registered capital of at least Rmb500 million; and

(2) insurance brokerages and insurance agencies are required to have paid-in monetary registered capital of at least Rmb50 million.

issued:2013-01-11

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