General Office of the China Banking and Insurance Regulatory Commission, Circular on Matters Relevant to the Registration of Asset-Backed Plans and Private Insurance Funds

中国银保监会办公厅关于资产支持计划和保险私募基金登记有关事项的通知

October 15, 2021 | BY

Susan Mok

CBIRC relaxes procedures for insurance companies' funds investment

Issued: September 18, 2021

Effective: October 1, 2021

Main contents: Where an insurance asset management institution promotes and establishes an asset-backed plan, the same shall be subject to initial filing for approval and subsequent product registration. The initial filing for approval shall be handled by the China Banking and Insurance Regulatory Commission in accordance with relevant provisions and subsequent product registration shall be handled by PICC Insurance Asset Registration and Trading System Co., Ltd. in accordance with regulatory provisions and registration rules (Article 1).

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