China Insurance Regulatory Commission, Circular on Matters Relevant to Thorough Implementation of the «Standardising Guidelines for the Management of Compensation of Insurance Companies (Trial Implementation)»

中国保险监督管理委员会关于贯彻实施《保险公司薪酬管理规范指引（试行）》有关事项的通知

December 17, 2012 | BY

CLP Temp

Housing and travel allowances of foreign expatriates of insurance companies may be excluded from their bonus limits.

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Issued: November 2 2012

Applicability: Relevant provisions of the Standardising Guidelines for the Management of Compensation of Insurance Companies (Trial Implementation) do not apply to entities without legal personality that are established by foreign-invested insurance companies in China (Article 7).