People's Daily Online, Beijing, October 10 (Reporter Du Yanfei) The reporter learned from the China Banking and Insurance Regulatory Commission today that in order to continue to promote streamlined administration and delegate power, promote the optimization of the business environment, and further deepen the market-oriented reform of the use of insurance funds, according to the "Administrative Measures for the Use of Insurance Funds" and For related regulations, the China Banking and Insurance Regulatory Commission formulated the "Notice on Matters Concerning Optimizing the Supervision of the Investment Management Capability of Insurance Institutions" (hereinafter referred to as the "Notice").
The head of the relevant department of the China Banking and Insurance Regulatory Commission stated that the issuance and implementation of the "Notice" will help stimulate the vitality of insurance fund investment and better support the development of the real economy and capital market.
The reporter sorted out that the "Notice" is composed of the main text and seven appendices. The main text mainly stipulates the basic requirements for the self-assessment, management and information disclosure of the investment management capabilities of insurance institutions; the appendices detailed the design of the specific standards for various investment management capabilities. .
The main content of the "Notice": Optimize and integrate the investment management capabilities of insurance institutions.
On the basis of the existing investment management capability framework, merge the innovation capabilities of similar products of insurance asset management institutions, and merge the product innovation capabilities of infrastructure investment plans of insurance asset management institutions and the product innovation capabilities of real estate investment plans into product management capabilities of debt investment plans. Insurance asset management institution equity investment plan product management capabilities.
After the adjustment, the investment management capabilities of insurance institutions have shared credit risk management capabilities, stock investment management capabilities, equity investment management capabilities, real estate investment management capabilities, derivatives management capabilities, debt investment plan product management capabilities, equity investment plan product management capabilities, etc. 7 class.
The insurance asset management institution no longer sets up equity and real estate investment management capabilities.
In accordance with the principle of "how much ability to do more things", the "Notice" refines and clarifies the ability standards for insurance institutions to carry out various investment businesses such as bonds, stocks, equity, real estate, and derivatives, and to issue debt investment plans and equity investment plans And regulatory requirements, guide insurance institutions to comprehensively strengthen investment management capabilities.
For insurance institutions, the "Notice" cancels the record management of investment management capabilities and strengthens supervision during and after the event.
Adjust the management method of insurance institution's investment management capability to a combination of company self-assessment, information disclosure and continuous supervision, and fully compact the main responsibility of insurance institutions.
It is clearly required that insurance institutions must conduct self-assessment and information disclosure in strict accordance with the requirements before carrying out relevant investment management business to ensure that personnel qualifications, system construction, and system construction meet the ability standards. The board of directors and compliance departments of insurance institutions should effectively play their roles.
Supervise insurance institutions to continue to strengthen investment management capacity building.
It is clearly required that insurance institutions should continue to strengthen the construction of investment management capabilities and conduct dynamic self-assessment in a timely manner. It is strictly forbidden to carry out corresponding investment activities without investment management capabilities, and it is strictly prohibited to add relevant investment activities if the investment management capabilities do not continue to meet the requirements.
At the same time, the "Notice" detailed information disclosure requirements.
Clarify the content and method of information disclosure on the investment management capabilities of insurance institutions, subdivide the information disclosure into three categories: first disclosure, semi-annual disclosure, and disclosure of major events. It is strictly forbidden to carry out related investment activities without performing information disclosure and reporting procedures.
At the same time, it will guide the Insurance Association of China and the Insurance Asset Management Association of China to strengthen the self-discipline management of information disclosure on the investment management capabilities of insurance institutions, and provide convenience for better exerting the role of social supervision and public opinion supervision.
Strengthen supervision and management.
The Banking and Insurance Regulatory Commission will continue to track and supervise the investment management capacity building and evaluation of insurance institutions through off-site monitoring and on-site investigations and inspections.
For violations of the relevant provisions of the "Notice", the China Banking and Insurance Regulatory Commission will impose corresponding regulatory measures and administrative penalties on relevant institutions and the main responsible persons in accordance with laws and regulations.
The relevant person in charge of the China Banking and Insurance Regulatory Commission stated that the issuance and implementation of the "Notice" is an important measure taken by the China Banking and Insurance Regulatory Commission to promote the optimization of the business environment. It is an optimization and improvement of the regulatory framework for the existing investment management capabilities of insurance institutions, and is useful for further promoting market-oriented reforms in the use of insurance funds. Improving the efficiency of independent investment decision-making by insurance institutions is of great significance. It is conducive to promoting the continuous and comprehensive strengthening of investment management capacity building of insurance institutions, stimulating the vitality of insurance fund investment, and better supporting the development of the real economy and capital market.
"In the next step, the China Banking and Insurance Regulatory Commission will continue to adhere to the guidance of market-oriented reforms and strict supervision, timely and dynamically adjust the specific requirements of insurance institutions' investment management capacity building and information disclosure, and in accordance with the principles of strict inspection, strict handling, and open punishment. Continue to strengthen the investment management capabilities of insurance institutions during and after the event supervision." The person in charge said.