Insurance Law

CBIRC clarifies the scope of medical insurance products with revisable premium rates

CBIRC tightens its oversight on health insurance business

Goldman Sachs, Morgan Stanley pass final hurdle to take majority control over local JVs; CBIRC releases insurance asset management product rules as part of new regulatory regime; and MOFCOM publishes draft rules mapping out foreign investment complaints procedure

Banks and insurance companies are allowed to engage in sovereign bond futures trading

Employers are given relief from social insurance during the coronavirus period

Foreign parties may hold a controlling interest in wealth management companies

Entry conditions for foreign insurance companies are relaxed

Frank Jiang and Emily Xu of Zhong Lun Law Firm provide an overview of the various opportunities and potential challenges to foreign investors amid China's further opening-up of its financial sector

Entry conditions for foreign insurance companies are relaxed