Corporate Governance

Calculation of the business turnover of a business operator in a concentration clarified.

Commercial banks required to carry out stress tests every quarter.

China's cabinet has proposed draft rules which could provide a new way for foreign investors to raise money onshore for real estate investment funds.    Current…

Reputation risk management to increase banks' transparency.

Proceeds in excess of companies listed on China Gem may not be used for securities investment.

Insurance funds allowed to invest in infrastructure bond investment plans.

Entry threshold for insurance companies raised.

The Circular sets forth the investment percentages allowed in an infrastructure bond investment plan by a life insurance company and property insurance company.

The revised Provisions raise the minimum registered capital for insurance companies to Rmb200 million.