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China: What will new foreign exchange controls mean for deals with Chinese counterparts?

26 January 2017

China has recently imposed a series of foreign exchange controls which affect all deals involving currency outflows from China, notably outbound investments by Chinese buyers.

Two different ...

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China Tightens Up Regulation on Illegal Sales of Foreign Insurance Products

27 May 2016

On 11 May 2016, the China Insurance Regulatory Commission ("CIRC") issued the Notification to Strengthen the Supervision and Administration of Illegal Sales of Offshore Insurance Products...

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China: Draft Amended Rules for Utilization of Insurance Funds Issued by CIRC for Public Consultation

04 April 2016

On 3 March 2016, the China Insurance Regulatory Commission ("CIRC") released the amendments to the Interim Measures for the Administration of Utilization of Insurance Funds (the "Draft...

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China proposes new cyber security rules for insurance industry

16 November 2015

On 9 October 2015, the China Insurance Regulatory Commission issued draft Supervisory Rules for Adoption of Information Technology by Insurance Institutions ("Draft Insurance IT Rules") for ...

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China Proposes New Cybersecurity Rules for Insurance Industry

03 November 2015

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China: CIRC Issues New Rules for Internet Insurance Business

10 August 2015

On 22 July 2015, the China Insurance Regulatory Commission ("CIRC") released the Interim Measures for Regulating the Internet Insurance Business (the "Internet Insurance Measures"), which...