Collective trusts that insurers are allowed to invest in are
restricted to the ones sponsored by means of financing belongings and
non-indexed fairness belongings, in keeping with draft guidelines published on
the website of China insurance Regulatory fee [CIRC].
Collective trusts sponsored by means of fixed-income
belongings that insurers are allowed to spend money on must have a score of at
the least “A” through a chinese language score corporation, in keeping with the
announcement.
chinese language insurers are banned from investing in
stand-on my own trusts, and trusts subsidized by way of property in industries
that are prohibited by the government, the announcement stated.
The regulator is soliciting evaluations on the draft guidelines.
–With assistance from Jesse Drucker in ny, Tom Schoenberg in
Washington, Vinicy Chan in Hong Kong and Ludi Wang in Beijing.
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