China Insurance Regulatory Commission, Circular on Regulating Bank Deposits of Insurance Capital

中国保险监督管理委员会关于规范保险资金银行存款业务的通知

An insurance company is required to manage bank deposits other than the current deposits required to maintain its day-to-day operations in investment accounts.

2 minute readApril 17, 2014 at 11:49 AM
By
clpstaff
& clp articles

Issued: February 28 2014

Applicability: The Circular also applies to the application of insurance capital by insurance group (holding) companies and the management of insurance capital entrusted to insurance asset management companies and other professional institutions.

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