More stringent laws regulating insurance companies’ shareholding

Tweet

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.

More news:

0
Your rating: None
Thu, 23/02/2017 - 11:32
© 2023 Groupe Atlas
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits