In order to further implement the reform requirements of the State Council on "release of regulatory services", focus on risk supervision and improve the quality and efficiency of supervision, the CBRC recently issued the notice on streamlining the regulatory reporting matters of insurance asset management companies, stipulated the time for cancellation, merger and integration of regulatory reporting matters, and cancelled 21 regulatory reporting matters of insurance asset management companies, Further standardize the submission of insurance asset management companies.
There are four articles in the notice. One is to cancel 21 regulatory reports. According to the actual development of the insurance asset management industry and changes in the market situation, cancel the reports submitted through the regulatory information system, compact the main operation and management responsibilities of institutions, and improve the quality and efficiency of institutional supervision and risk supervision. Second, the six regulatory reports were combined into three. Consolidate similar matters to avoid repeated submission. Third, integrate the submission time of three types of reports. Highlight institutional supervision, integrate the submission time of resolutions of the general meeting of shareholders, the board of directors and the board of supervisors into centralized Submission on a quarterly basis, reduce the submission times and improve the systematicness of the report. Fourth, further standardize the submission of regulatory reports. Insurance asset management companies are required to submit regulatory reports in strict accordance with regulatory provisions, eliminate late reporting, wrong reporting, omission and other situations, and effectively improve the quality of submission.
The relevant person in charge of the cbcirc said that the release of the notice is conducive to giving full play to the advantages of information technology, focusing on risk supervision and institutional supervision, reducing the unnecessary reporting burden of market subjects, improving the quality and efficiency of supervision and preventing relevant business risks.
(Securities Times)
