China Insurance Regulatory Commission and China Securities Regulatory Commission, Administration of Stock Investments by Insurance Institutional Investors Tentative Measures
中国保险监督管理委员会、中国证券监督管理委员会保险机构投资者股票投资管理暂行办法
November 30, 2004 | BY
clpstaff &clp articlesAllows insurance companies and insurance asset management companies to directly purchase and trade renminbi-denominated common stock, and to directly purchase convertible corporate bonds and other specified investment product.
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Promulgated: October 24 2004
Effective: as of date of promulgation
Main contents: The Measures cover:
Part One: General Provisions
Part Two: Qualifications and Conditions
Part Three: Investment Scope and Ratio
Part Four: Custody of Assets
Part Five: Prohibited Acts of Insurance Institutional Investors
Part Six: Risk Control
Part Seven: Supervision and Administration
Part Eight: Supplementary Provisions
Related legislation: PRC Insurance Law (Amended), Feb 28 2009, CLP 2009 No.3 p.35 and PRC Securities Law (Amended) ,Oct 27 2005, CLP 2006 No.1 p31