Provisional guidance to identify, appraise, manage and control risks encountered during the process of insurance funds utilization.

Effective date for final judgments and rulings on criminal cases.

Sets out the temporary framework for insurance asset management companies on establishment, change, termination, business scope, operation rules, and risk control.

The Provisions set out the temporary framework for insurance asset management companies on establishment, change, termination, business scope, operation rules and risk control.

Pension reform in China has been high on the government's agenda for many years. Issues such as providing for an aging population and generating the institutional capital that can be reinvested in the economy will be discussed in this feature.

The Opinions acknowledge the significance of vigorously development in the capital markets, outline reform ideologies, and provide directions for future liberalization.

By Wantao [email protected] June 17 2004, the People's Bank of China and the China Banking Regulatory Commission (CBRC)…

Issued: June 25 2004Effective: as of date of issueApplicability: The Circular also applies to investments in subordinated bonds by insurance asset management…

Insurance companies are now allowed to invest in convertible corporate bonds.