China Insurance Regulatory Commission, Guidelines for Compliance Management by Insurance Companies
中国保险监督管理委员会保险公司合规管理指引
Guidelines for insurance companies to cope with compliance risks.
Date:
November 2007
CLP Reference: 3910/07.09.07
PRC Reference: 保监发 [2007] 91 号
Promulgated: 07 September 2007
Effective: 01 January 2008
Keywords (click to search): [insurance] [compliance review] [compliance risk] [compliance management] [risk management] [legal liability] [premium] [hedge] [CIRC]
Guidelines for insurance companies to cope with compliance risks.
Issued: September 7 2007
Effective: January 1 2008
Interpreting Authority: China Insurance Regulatory Commission
Applicability: For the purposes of these Guidelines, the term "compliance" means that the insurance business and management acts of an insurance company, its employees and its marketing personnel shall comply with laws and regulations, the provisions of the regulatory authority, the self-regulation rules of the industry, the company's internal management rules and the ethical standard of good faith (Article 2).
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