Our Asia insurance regulatory tracker for the first quarter of 2018 is below.
It includes updates on the introduction of an insurance levy in Hong Kong, a consultation on agency recruitment incentives in Singapore, and new...more
6/22/2018
/ AML/CFT ,
China ,
CIRC ,
Disclosure Requirements ,
Equity Investors ,
Foreign Insurance Companies ,
Hong Kong ,
Incentives ,
Indonesia ,
Insurance Regulations ,
Investment Products ,
Levy ,
Penalties ,
Regulatory Oversight ,
Regulatory Standards ,
Reinsurance ,
Reporting Requirements ,
SAFE ,
Singapore ,
Vietnam
After two rounds of consultation, the China Insurance Regulatory Commission (“CIRC“) released the final version of the Administrative Measures for Equity Interests in Insurance Companies (the “New Measures“) on March 7, 2018,...more
Please find our Asia insurance regulatory tracker for the first quarter of 2017.
It includes updates on the new independent insurance regulator for Hong Kong (which will assume its functions on 26 June), new rules on equity...more
6/9/2017
/ Asset Management ,
China ,
CIRC ,
Cross-Border Transactions ,
Equity Investors ,
Hong Kong ,
Indonesia ,
Insurance Industry ,
Regulatory Standards ,
Reinsurance ,
Singapore ,
Vietnam
On 16 May 2017 the CIRC and the Hong Kong Office of the Commissioner of Insurance (“OCI“) entered into a framework agreement aimed at mutual recognition of solvency regimes between Mainland China and Hong Kong....more
On 4 January 2017 the China Insurance Regulatory Commission (“CIRC“) published on its website the final version of the Measures on the Compliance Management of Insurance Companies (the “Compliance Measures“), which will...more