1. Article 1 In order to regulate insurance asset management institutions to develop insurance asset management products (hereinafter referred to as insurance asset management products or products) and protect the legitimate rights and interests of investors and related parties, in accordance with the Insurance Law of People's Republic of China (PRC), the Banking Supervision Law of the People's Republic of China, the Guiding Opinions on Regulating Asset Management Business of Financial Institutions (hereinafter referred to as the Guiding Opinions) and relevant regulations,
Article 2 These Measures shall apply to insurance asset management institutions established in People's Republic of China (PRC) to carry out insurance asset management products business. Except as otherwise provided by laws, administrative regulations and China Banking Insurance Regulatory Commission (hereinafter referred to as China Banking Regulatory Commission).
Article 3 The term "insurance asset management product business" as mentioned in these Measures refers to the financial services in which an insurance asset management institution accepts the entrustment of an investor, establishes an insurance asset management product and acts as the manager, and invests and manages the entrusted investor's property in accordance with laws, regulations and relevant contracts. Insurance asset management products include debt investment plans, equity investment plans, portfolio products and other products specified by China Banking Regulatory Commission.
Article 4 Insurance asset management products shall be issued privately to qualified investors.
Article 5 Insurance asset management institutions shall give full play to the advantages of long-term stability of insurance funds to serve insurance guarantee and economic and social development.
Article 6 An insurance asset management institution shall abide by laws, administrative regulations and the provisions of the China Banking Regulatory Commission, follow the principles of fairness and impartiality, safeguard the legitimate rights and interests of investors, be honest and trustworthy, be diligent and conscientious, and prevent conflicts of interest.
7. Article 7 An insurance asset management institution shall, when conducting insurance asset management products business, strengthen the management of investors' appropriateness, fully disclose information and risks to investors, and shall not promise to protect capital and profits. When investing in insurance asset management products, investors should make prudent decisions according to their own abilities and bear investment risks independently.
Article 8 The property of insurance asset management products is independent of the inherent property of insurance asset management institutions, custodians and other natural persons, legal persons or organizations providing services for product management and other properties under their management. Property and income obtained from the management, use, disposal or other circumstances of product property shall be classified as product property. Insurance asset management institutions, custodians and other institutions are liquidated due to dissolution, cancellation or bankruptcy according to law, and the product property does not belong to their liquidation property.
9. Article 9 China Insurance Asset Management Association, Shanghai Stock Exchange Co., Ltd. and China Insurance Asset Registration and Trading System Co., Ltd. shall, in accordance with laws, administrative regulations and the provisions of the China Banking Regulatory Commission, conduct self-discipline management of insurance asset management products business carried out by insurance asset management institutions.
10 Article 10 An insurance asset management institution shall conduct issuance, registration, custody, transaction, settlement and information disclosure. When operating insurance asset management products.