China Insurance Regulatory Commission, Standardising Guidelines for the Management of Compensation of Insurance Companies (Trial Implementation)

中国保险监督管理委员会保险公司薪酬管理规范指引 (试行)

September 12, 2012 | BY

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Guidelines require deferred payment of bonuses of senior management personnel of insurance companies.

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Promulgated: July 19 2012
Effective: January 1 2013

Applicability: The term “compensation” means the economic compensation in monetary or non-monetary form received by working personnel of insurance companies for the