More stringent laws regulating insurance companies’ shareholding

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Chinese regulatory authorities have published a draft bill governing the shareholding of insurance companies. The new regulation provides for the lowering of the threshold of the maximum capital held per shareholder from 51% to 33%.

This measure is likely to restrict inappropriate transfers of profits, ensuring that the funds devoted to asset management are not diverted to self-financing.

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Thu, 23/02/2017 - 11:32
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