China New Network April 16, the China Banking Regulatory Commission issued a notice on the official website on the 16th, and again publicly solicited opinions on the "Regulations on the Supervision of Insurance Agents (Draft for Comment)". Among them, adjust the access conditions for insurance agencies, and cancel the three-year validity period for the licenses of professional insurance agencies and insurance agencies.
Data Map: China Banking and Insurance Regulatory Commission. Photo by Jia Tianyong, reporter from China News Service
The China Insurance Regulatory Commission stated that in order to meet the requirements of the insurance intermediary market reform and further improve the insurance agent supervision system, the China Insurance Regulatory Commission drafted the "Regulations on Insurance Agent Supervision (Draft for Comment)" and publicly solicited opinions from the public on July 13, 2018 .
Compared with the first public consultation draft, the "Regulations on the Supervision of Insurance Agents (Consultation Draft)" further adhere to the main tone of simplifying administration, decentralization, and optimizing services. The changes are mainly reflected in the following aspects: One is to adjust the requirements of the agency for industrial and commercial change registration; the second is to adjust the access conditions of the insurance industry agency; the third is to modify the relevant statements of the insurance intermediary industry self-regulatory organization; the fourth is to cancel the insurance professional agency company and insurance agency agency license The validity period of the certificate is 3 years; Fifth, it is clear that the close relatives of the senior executives of the insurance institutions should meet the relevant regulations for performing duty agency avoidance; The sixth is to regulate the advertising behavior of professional insurance agency companies; The seventh is to adjust the regional insurance professional agency The company's registered capital; eight is a clear proposal to speed up the establishment of an independent personal agent system; nine is to strengthen the constraints on the behavior of regulatory agencies and supervisors.