Circular on Further Streamlining Administrative Examination and Approval to Support the Development of the China (Shanghai) Pilot Free Trade Zone
关于进一步简化行政审批支持中国（上海）自由贸易试验区发展的通知
Prior approvals for the establishment of (sub-)branches in the FTZ by marine insurance operation centres and reinsurance companies located in Shanghai are abolished
(Issued by the General Office of the China Insurance Regulatory Commission on May 15 2014.)
(中国保险监督管理委员会办公厅于二零一四年五月十五日公布。)
Bao Jian Ting Fa [2014] No.36
保监厅发〔2014〕36号
With a view to further thoroughly implementing the important strategic arrangement of the Central Committee of the Communist Party of China and the State Council for the establishment of the China (Shanghai) Pilot Free Trade Zone (the FTZ), intensifying reform of administrative examination and approval in the insurance industry and promoting the better participation in, and rendering of services for, the establishment of the FTZ by the insurance industry, we hereby notify you of relevant matters as follows:
为进一步贯彻落实党中央、国务院关于建设中国（上海）自由贸易试验区（以下简称自贸区）的重要战略部署，深化保险业行政审批改革，推动保险业更好参与和服务自贸区建设，现就相关事项通知如下：
1. The Shanghai Institute of Marine Insurance shall be permitted to develop marine insurance terms of the Institute on a trial basis, which shall be used by member companies at their discretion once filed for the record.
一、允许上海航运保险协会试点开发航运保险协会条款，报备后由会员公司自主使用。
2. Prior examination and approval for the establishment of (sub-)branches in the FTZ by marine insurance operation centres and reinsurance companies located in Shanghai are abolished and administration by record filing shall be implemented by the Shanghai Bureau of the CIRC.
二、取消在沪航运保险营运中心、再保险公司在自贸区内设立分支机构的事前审批，由上海保监局实施备案管理。
3. Prior examination and approval of the qualifications of the senior management personnel of insurance sub-branches in the FTZ for their positions are abolished and administration by record filing shall be implemented by the Shanghai Bureau of the CIRC.
三、取消自贸区内保险支公司高管人员任职资格的事前审批，由上海保监局实施备案管理。
(Issued by the General Office of the China Insurance Regulatory Commission on May 15 2014.)
Bao Jian Ting Fa [2014] No.36
With a view to further thoroughly implementing the important strategic arrangement of the Central Committee of the Communist Party of China and the State Council for the establishment of the China (Shanghai) Pilot Free Trade Zone (the FTZ), intensifying reform of administrative examination and approval in the insurance industry and promoting the better participation in, and rendering of services for, the establishment of the FTZ by the insurance industry, we hereby notify you of relevant matters as follows:
1. The Shanghai Institute of Marine Insurance shall be permitted to develop marine insurance terms of the Institute on a trial basis, which shall be used by member companies at their discretion once filed for the record.
2. Prior examination and approval for the establishment of (sub-)branches in the FTZ by marine insurance operation centres and reinsurance companies located in Shanghai are abolished and administration by record filing shall be implemented by the Shanghai Bureau of the CIRC.
3. Prior examination and approval of the qualifications of the senior management personnel of insurance sub-branches in the FTZ for their positions are abolished and administration by record filing shall be implemented by the Shanghai Bureau of the CIRC.
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