Legislation roundup: Equity incentives, securities investments and insurance company guidelines

March 21, 2013 | BY

clpstaff &clp articles

The CSRC has issued draft Provisions over equity incentives and restraint mechanisms of securities companies. The Commission has also released Measures for the sale of securities investment funds, while the CIRC has issued guidelines for the development plans of insurance companies

Securities companies

China Securities Regulatory Commission, Provisions for the Administration of the Equity Incentive and Restriant Mechanism of Securities Companies (Draft for Comments)

中国证券监督管理委员会证券公司股权激励约束机制管理规定（征求意见稿）

The Provisions specify that the recipients of the employee shareholding scheme of securities companies are directors, senior management personnel and other employees excluding independent directors and supervisors. Employees may hold company shares from the incentive scheme through a trust plan, company or partnership.

See the digest for more details.

Further reading

Tentative Measures for the Administration of Employee Shareholding Schemes of Listed Companies (Draft for Comments), Jul/Aug 2012

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