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Showing 1 - 8 of 8 results for "Insurance Regulatory Commission"

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... from the local regulator to operate in wealth management via a joint venture. China Banking and Insurance Regulatory Commission (CBIRC) has granted BlackRock CCB Wealth Management, which is owned by BlackRock (50.1%), China Construction Bank subsidiary ...

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... Bank of Australia (CBA) has made progress on exiting life insurance after the China Banking and Insurance Regulatory Commission approved the sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance Group ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... the BoCommLife equity interest remains subject to regulatory approval from the China Banking and Insurance Regulatory Commission (CBIRC), and CBA is working constructively with CBIRC in relation to the process, the bank said. In a separate update, the ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... institutions - People's Bank of China, China Securities Regulatory Commission and China Banking and Insurance Regulatory Commission. But the optimism generated by all these yakety yaks would prove transient at best without concrete action and, more ...

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
... help ease pressures created by share-pledge risks. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said in an interview posted on the regulator's website that recent "abnormal fluctuations" in markets don't reflect ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
... increase by 18 basis points upon completion. The sale is subject to approval by the China Banking and Insurance Regulatory Commission, Chinese merger clearance and completion of the capital increase. The completion of the sale of CBA's life insurance ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... of strategic options for its stake in BoComm Life, which would require approval from the China Insurance Regulatory Commission. AIA and CBA anticipate the acquisition process to be completed in calendar year 2018. In further news from the Group, CBA ...

AMP Capital sets foot in China

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... Life Asset Management. The initiative has already received regulatory approval from the China Insurance Regulatory Commission (CIRC) and is subject to regulatory approval by the China Securities Regulatory Commission (CSRC). AMP Capital and China Life ...
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