December 06, 2011
Transport and logistics sectors benefit from the new VAT reform.
Insurance companies required to deposit capital guarantee funds in more than one bank.
The Measures require insurance companies to deposit capital guarantee funds in more than one bank.
November 08, 2011
New anti-money laundering measures prohibit equity investment from unlawful fund sources.
Issue of subordinated debt with fixed term by insurance companies tightened.
Foreign shipping firms allowed to set up WFOEs in China.
CIRC sets entry thresholds for insurance intermediary companies.
Exit mechanism created for insurance companies.
The Measures set forth the conditions for a transferee of insurance business and the procedure for such transfer.
July 08, 2011
Pilot variable annuity projects launched in Beijing, Shanghai, Guangdong, Shenzhen and Xiamen.
