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.
Lexology logo
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 15

Insurers must implement new anti-money laundering rules by 2015

  • Mayer Brown LLP
  • -
  • China
  • -
  • May 9 2013

The People's Bank of China ("Central Bank") has revamped the country's anti-money laundering rules governing financial institutions, including

China Insurance Regulatory Commission raises cap for domestic investors in insurers

  • Mayer Brown LLP
  • -
  • China
  • -
  • May 9 2013

China Insurance Regulatory Commission ("CIRC") has raised the ownership ceiling for domestic investors in insurers from 20 to 51, potentially

CIRC ponders new reinsurance rules in China

  • Mayer Brown LLP
  • -
  • China
  • -
  • February 8 2013

A draft version of Notice on Issues regarding Reinsurance Transactions between Foreign-invested Insurance Companies and their Affiliated Companies

New CIRC rules aimed at expanding China's overseas insurance investment

  • Mayer Brown LLP
  • -
  • China
  • -
  • October 30 2012

Overview China Insurance Regulatory Commission issued the Interim Measures on the Administration of Overseas Investments of Insurance Funds (the Interim Measures) in 2007 to establish a basic legal framework for China's domestic insurance sector to make offshore investments

CIRC relaxes restrictions on permitted investments by insurance companies

  • Mayer Brown LLP
  • -
  • China
  • -
  • August 20 2012

The China Insurance Regulatory Commission (CIRC) issued the Circular on Issues relating to Investment of Insurance Funds in Equity and Real Estate (the 2012 Circular) on 16 July 2012 and has issued two other rules, all of which facilitate a more diversified range of investment options for insurance companies

New Draft Rules on the administration of representative offices of foreign insurance related institutions

  • Mayer Brown LLP
  • -
  • China
  • -
  • March 5 2012

On 22 March 2011, the Chinese Insurance Regulatory Commission (“CIRC”) released new draft rules on the administration of representative offices of foreign insurance related institutions (the “Draft Rules”

Renaissance of Insurance Asset Management Companies

  • Mayer Brown LLP
  • -
  • China
  • -
  • March 5 2012

For more than 4 years prior to the end of 2010 no new approvals for the establishment of Insurance Asset Management Companies (“IAMCs”) had been issued by the CIRC, and only 9 IAMCs existed in the China market

PRC social insurance contributions required in Chengdu for foreigners, and Hong Kong, Macau and Taiwan employees

  • Mayer Brown LLP
  • -
  • China
  • -
  • December 1 2011

Following Beijing, the labour authority in Chengdu, the capital city of Sichuan Province, issued a circular for implementation of the Interim Measures on Participation in PRC Social Insurance of Foreigners Employed in China in this western-southern city of China

Social insurance contributions for foreigners employed in China

  • Mayer Brown LLP
  • -
  • China
  • -
  • September 14 2011

On 6 September 2011, the PRC Ministry of Human Resources and Social Security issued the Tentative Measures on Participation in PRC Social Insurance of Foreigners Employed in China ( the "New Rules"), which will take effect from 15 October 2011

Government’s refinement of proposed insurance regulatory regime

  • Mayer Brown LLP
  • -
  • China
  • -
  • June 30 2011

The Financial Services and Treasury Bureau published the “Proposed Establishment of an Independent Insurance Authority Consultation Conclusions and Detailed Proposals” (“Consultation Conclusions”) and the relevant “Frequently Asked Questions” (“FAQs”) on 24 June 2011