China Insurance Regulatory Commission, Circular on the Investment in the Equity Interests of Commercial Banks by Insurance Institutions

Issued: September 21 2006

Main contents: The Circular details the investment in the equity interests of commercial banks by insurance institutions regarding:
(1) Investment Scope and Investment Principles
(2) Investment Methods and Sources of Funds
(3) Investment Percentages and Accounting Base Figures
(4) Investment Qualifications and Basic Requirements
(5) Selection Conditions and Main Indicators
(6) Reporting Procedure and Items Subject to Examination and Approval
(7) Withdrawal Mechanism and Emergency Handling
(8) Risk Management and Monitoring Inspections