We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 21

Bermuda signs tax information exchange agreement with China

  • Edwards Wildman Palmer LLP
  • -
  • Bermuda, China
  • -
  • December 15 2010

On December 2 2010, Bermuda signed a Tax Information Exchange Agreement ("TIEA") with the People's Republic of China in an effort to strengthen the economic and political ties between the two countries

Pilot scheme to permit insurers to tap China's mainland interbank bond market

  • Edwards Wildman Palmer LLP
  • -
  • China, Hong Kong, Macau
  • -
  • August 26 2010

The People's Bank of China (PBC) announced on 17 August 2010 a pilot scheme to permit Hong Kong and Macau insurers, banks and certain other financial institutions, with the approval of the PBC, to invest in the Chinese mainland's 48.8 trillion renminbi (US$7.2 trillion) interbank bond market

The China Insurance Regulatory Commission proposes to lift interest rate cap

  • Edwards Wildman Palmer LLP
  • -
  • China
  • -
  • August 3 2010

On 11 July 2010 the China Regulatory Commission (the CIRC) stated that it proposed to remove restrictions on insurance companies in China in deciding the assumed (or guaranteed) interest rates for "conventional" (non-participating) life insurance policies in order to protect consumers' interests and encourage innovation in the sector

Insurance companies are given permission to diversify their investments into private equity and real estate sectors

  • Edwards Wildman Palmer LLP
  • -
  • China
  • -
  • November 15 2010

The China Insurance Regulatory Commission (CIRC) recently issued Interim Measures on Investment of Insurance Funds in Private Equity (PE Measures) and the Interim Measures on Investment of Insurance Funds in Real Estate (RE Measures

China Insurance Regulatory Commission issues guidelines to strengthen insurers' control of funds

  • Edwards Wildman Palmer LLP
  • -
  • China
  • -
  • August 26 2010

On 17 August 2010 the China Insurance Regulatory Commission (the CIRC) issued basic guidelines for the internal controls at Chinese insurance companies, which include monitoring their allocation and management of insurance funds

Enforceability of Hong Kong arbitral awards in mainland China

  • Edwards Wildman Palmer LLP
  • -
  • China, Hong Kong
  • -
  • February 2 2010

The Supreme People's Court of the People's Republic of China recently issued a letter on 30 December 2009 to all Higher People's Courts in mainland China confirming that ad hoc arbitral awards made in Hong Kong and those arbitral awards made in Hong Kong by the International Court of Arbitration of the International Chamber of Commerce and other foreign arbitration institutions are enforceable in mainland China in accordance with the Arrangement concerning Mutual Enforcement of Arbitral Awards between mainland China and the Hong Kong Special Administrative Region signed in 1999 (the "Arrangement"

Insurance institutions may invest in corporate debentures

  • Edwards Wildman Palmer LLP
  • -
  • China
  • -
  • January 12 2010

The China Insurance Regulatory Commission (CIRC), the insurance industry regulator in the People's Republic of China, issued a circular on 31 December 2009, permitting insurance institutions to invest in corporate debentures which are issued in the domestic inter-bank market provided that the corporate debentures satisfy the relevant applicable requirements and have a credit rating of AAA or a long-term credit rating equivalent to AAA assigned by domestic credit rating institutions

China regulator expands limits on bond investment by insurers

  • Edwards Wildman Palmer LLP
  • -
  • China
  • -
  • June 24 2010

On 26 May 2010, the China Insurance Regulatory Commission (the CIRC) announced that it is considering liberalising current restrictions on investments by People's Republic of China insurance companies in stocks and bonds

Lloyd's China granted licence to write direct insurance

  • Edwards Wildman Palmer LLP
  • -
  • China
  • -
  • June 18 2010

The China Insurance Regulatory Commission (the CIRC) has granted Lloyd's China a licence to write direct insurance

New York Insurance Department announces cooperation agreement with China

  • Edwards Wildman Palmer LLP
  • -
  • China, USA
  • -
  • July 30 2009

On Tuesday, July 28, 2009, Acting New York State Insurance Department ("NYSID") Superintendent Kermitt Brooks announced that the NYSID entered into a Memorandum of Understanding ("MoU") with the International Department of the China Insurance Regulatory Commission ("CIRC"), China’s insurance regulator