Insurance Law

Financial institutions are given due diligence instructions on corporate customers

CBIRC allows involvement of insurance capital in securities lending

CBIRC revised regulations to enhance the effective use of insurance capital

China opens up its insurance brokerage market

OFAC prohibits U.S. investments in AI company SenseTime, Hong Kong listing postponed; CBIRC to remove foreign ownership cap for insurance asset management firms; MIIT orders removal of 106 apps over data violations

Insurance capital may invest in REITs.

Insurance capital investment increasingly dependent on domestic bond credit rating

Hong Kong finalizes secondary listing reforms to attract more Greater China Issuers; SAMR fines tech giants for failing to declare transactions; and German insurer Allianz approved to take full control of life insurance business

CBIRC relaxes procedures for insurance companies' funds investment