China Market Review, March 2020: new rules on insurance asset management products

A further 697 structures matured during the month, releasing CNY57.7 billion back onto the market for reinvestment. The China Banking and Insurance Regulatory Commission (CBIRC) has formulated the Interim Rules on Insurance Asset Management Products as a supporting policy of the Guidance on Regulating Asset Management Business of Financial Institutions , which will come into effect on 1 May 2020. The new rules regulate the insurance asset management business, unify the regulatory standards f