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 An insurance asset management institution 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. 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 income.
Investors investing in insurance asset management products shall 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 legal dissolution, cancellation, bankruptcy and other reasons, and the product property does not belong to their liquidation property. Article 9 China Insurance Asset Management Association, Shanghai Insurance 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 on the insurance asset management products business of insurance asset management institutions. Article 10 An insurance asset management institution shall conduct issuance, registration, custody, transaction, settlement and information disclosure on asset registration trading platforms (hereinafter referred to as registration trading platforms) such as Shanghai Insurance Exchange Co., Ltd. and China Insurance Asset Registration Trading System Co., Ltd. recognized by China Banking Regulatory Commission ... Article 11 China Banking Regulatory Commission (hereinafter referred to as China Insurance Regulatory Commission) shall supervise and manage the insurance asset management product business according to law.
China Banking Regulatory Commission (CBRC) conducts penetrating supervision over the insurance asset management product business, identifies the ultimate investor of the product upward, identifies the basic assets of the product downward, and conducts comprehensive and dynamic supervision over the product operation management. Chapter II Product Parties Article 12 Qualified investors as mentioned in these Measures refer to natural persons, legal persons or other organizations that have the corresponding risk identification ability and risk-taking ability, have invested not less than a certain amount in a single product and meet the following conditions:
(1) A natural person who has more than two years of investment experience and meets one of the following conditions: the family financial net assets are not less than 3 million yuan, the family financial assets are not less than 5 million yuan, or the average annual income in the last three years is not less than 400,000 yuan;
(2) A legal entity with a net asset of not less than 654.38+million yuan at the end of the most recent year;
(3) Institutions supervised by financial supervision and regulation departments and asset management products issued by them;
(4) Pension funds such as basic pension, social security fund and enterprise annuity;
(5) Other circumstances identified by China Banking Regulatory Commission as qualified investors. Article 13 An insurance asset management institution shall meet the following conditions when conducting insurance asset management product business:
(1) It has perfect corporate governance and good market reputation, and meets the requirements of China Banking Regulatory Commission on investment management capability;
(2) Having a sound operation process, internal control mechanism, risk management and auditing system, and establishing a fair trade and risk isolation mechanism;
(three) the establishment of product development, investment research, investment management, risk control, performance evaluation and other professional positions;
(4) Having a stable investment management team and not less than the required number of relevant professionals;
(5) It has no major violations of laws and regulations in the last three years, and has no major violations of laws and regulations less than three years after its establishment;
(6) Other prudential conditions stipulated by the China Banking Regulatory Commission. Article 14 An insurance asset management institution shall perform the following duties when conducting insurance asset management product business:
(a) to handle product registration or registration procedures, share sales, custody and other matters according to law;
(two) to manage and keep accounts of the entrusted property of different products under management, and to manage the product property according to the contract;
(3) Determine the income distribution plan according to the product contract and distribute the income to investors in time;
(four) to carry out product accounting and prepare product financial accounting reports;
(5) Calculate and disclose the net product value or investment income according to law;
(six) to handle the information disclosure related to the entrusted property management business activities;
(seven) to keep the records, account books, statements and other relevant materials of the entrusted property management business activities;
(8) Exercising litigation rights or other legal acts on behalf of investors in the name of the administrator;
(9) Other duties as stipulated by China Banking Regulatory Commission.