Legislation roundup: Negative Lists and online insurance

July 03, 2020 | BY

Susan Mok

Foreign investors are allowed controlling shareholding in securities companies, futures companies and life insurance companies according to the 2020 national and FTZ negative lists. Insurance companies are required to keep records of online insurance transactions.

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FDI

Special Administrative Measures for Foreign Investment Access (Negative List) (2020 Edition)

国家发展和改革委员会、商务部外商投资准入特别管理措施 (负面清单) (2020年版)

The whole financial industry section is removed from the 2020 edition of the national negative list meaning foreign