Wang Yincheng, former president of the China's largest P&C insurance group, People's Insurance Company (Group) of China (PICC), stood trial this week on the charge of corruption.
Xiang Junbo, former chairman of China Insurance Regulatory Commission, has been charged with taking "huge" bribes, the Supreme People's Procuratorate (SPP) said yesterday.
Foreign insurers, which have repatriated about MYR16.5 billion (US$4.25 billion) between 2008 to 2017 in the form of dividends, cannot choose alternative initiatives, given their promise to comply with minimum shareholding requirements, ...
A new rule adopted by the nation's financial regulators concerning officials meeting with private financiers, lawyers, accountants and other professionals has generated fears that it will hamper dialogue with the private sector.
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28 Mar 2018