After liquidation, a creditor of a wholly individually-owned enterprise may still assert its rights against the investor in respect of the outstanding portion of its claim.
Insurance capital may now invest in 25 developed markets and 20 emerging markets. The amount allowed to be invested in emerging markets has also increased from not exceeding 5% of last year end's total assets to 10%. Investment instruments allowed include money market instruments, fixed-return instruments, equity, immovable property, investment funds and REITs.
Issued: November 26 2012Main contents: According to the Draft, quality and technical supervision departments will not handle complaints from consumers…
Issued: November 12 2012Main contents: The Draft covers the applicable scope of the Regulations, definition of an inventor, ownership of the rights to…
National legislation Banking Guiding Opinions on Innovation in the Capital Instruments of Commercial Banks 關于商業銀行資本工具創新的指導意見L3600/12.11.29 Constitution…
For the first time insurance proceeds are allowed to be invested in wealth management products of commercial banks, credit asset-backed securities of banking financial institutions and pooled fund trust plans of trust companies.