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Results: 1-10 of 23

Chinese drywall Consumer Product Safety Commission finds link between corrosion and Chinese manufactured drywall
  • Locke Lord LLP
  • China, USA
  • November 24 2009

On Monday November 23, 2009, the Consumer Product Safety Commission ("CPSC") issued a press statement and study results demonstrating a "strong association" between homes with the Chinese manufactured drywall and levels of hydrogen sulfide and corrosion of metals in those homes


Chinese drywall - Chinese President says that he will look into drywall responsibility
  • Locke Lord LLP
  • China, USA
  • April 21 2010

United States Senator Bill Nelson (D-Fla.) reports that, this week, Chinese president Hu Jintao told him this week that he would investigate problems with Chinese manufactured drywall


Chinese consider revising plan for a super regulator
  • Locke Lord LLP
  • China
  • May 14 2010

China is considering reviving its plan to set up a super regulator in order to make the government's oversight of the financial sector more efficient and expedient and improve the lack of integration and co-ordination between existing regulators


Insurance market performance in 2009
  • Locke Lord LLP
  • China
  • March 12 2010

According to the Statistics on China Insurance Business for 2009 recently published by the China Insurance Regulatory Commission (CIRC), total insurance premiums in China received in 2009 amounted to RMB 1.11 trillion, up 13.8 from 2008


Lloyd's China granted licence to write direct insurance
  • Locke Lord LLP
  • China
  • June 18 2010

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


China regulator expands limits on bond investment by insurers
  • Locke Lord 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


China Insurance Regulatory Commission in call for insurers to develop e-insurance
  • Locke Lord LLP
  • China
  • June 22 2010

Domestic insurers in China are being encouraged by the China Insurance Regulatory Commission (the CIRC) to grow new business through electronic commerce in order to optimize the structure of sales channels and foster the growth of new business


Hong Kong: yuan liberalisation boosts insurers
  • Locke Lord LLP
  • China, Hong Kong
  • July 29 2010

On 20 July 2010, the Hong Kong Special Administrative Region and Beijing signed an historic agreement allowing Hong Kong to become the first yuan clearing centre outside mainland China


The China Insurance Regulatory Commission proposes to lift interest rate cap
  • Locke Lord 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


Bermuda signs tax information exchange agreement with China
  • Locke Lord 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