China Banking and Insurance Regulatory Commission, Circular on Matters Relevant to Optimizing the Oversight of the Investment Management Capabilities of Insurance Institutions
中国银行保险监督管理委员会关于优化保险机构投资管理能力监管有关事项的通知
December 23, 2020 | BY
Susan MokCBIRC removes the record filing requirement regarding the investment management capabilities of insurance companies
Issued: September 30, 2020
Main contents: The Circular abolishes the administration of investment management capabilities carried out by means of record filing, and changes the method of administration of the investment management capabilities of insurance institutions to one consisting of a combination of corporate self-assessment, information disclosure and ongoing oversight.
Investment management capabilities include capabilities in credit risk management, stock investment management, equity investment management, immovable property investment management, derivatives use and management, management of debt investment plan products and management of equity investment plan products.
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