CBIRC is consulting on the "Administrative Measures on Insurance Funds Investment Equity.” The purpose of the consultation is to improve the economic efficiency of the insurance fund service entity, standardize the insurance fund investment equity behavior, and effectively prevent financial risks. The revised measures would cancel the industry-wide restrictions on insurance funds to carry out direct equity investment, giving insurance institutions more investment autonomy, providing more long-term financial support for the development of the private economy, and creating a good financing environment. The consultation ends on November 26, 2018.
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Comment Due Date: November 26, 2018
Keywords: Asia Pacific, China, Insurance, Administrative Measures, Equity Investment, CBIRC
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