Article 1 In order to regulate the governance structure of insurance companies and strengthen the compliance management of insurance companies, the present Guidelines are set down according to the Company Law of the People's Republic of China, the Provisions on Administering Insurance Companies, the Guiding Opinions concerning Regulating the Governance Structure of Insurance Companies and other laws and regulations.

Please carry them out in light of your actual situation.

The general manager of a branch office or central sub branch of the insurance company shall perform the compliance duties that are prescribed in Items 3 and 5 of the preceding Paragraph.

Meanwhile, it will strengthen the training of listed companies, strengthen the consciousness of improving governance and standardizing operation of listed companies, and constantly improve the quality of listed companies.

(a) Capping of corporate costs, while corporate functions address strategic matters of governance, oversight and inspection

(3) under the leadership of the board of directors and the general manager, setting down the annual compliance risk management plan, taking full charge of the compliance management work and directing the work of the compliance department and persons in the compliance related posts

To appoint someone to be the compliance chief, an insurance company shall, in accordance with the Administrative Provisions on the Post holding Qualifications of Directors and Senior Managers of Insurance Companies and the relevant provisions promulgated by China Insurance Regulatory Committee, submit the appointment for approval.

(4) determining whether to establish the compliance department and its functions

Provisions on Preparing the Notes to Financial Statements of Fund Management Companies

Guidelines for the Compliance Management of Insurance Companies

The compliance chief and the compliance department of an insurance company shall ensure that all important internal management systems and business procedures are in compliance.

The report provided in particular an overview of the main international initiatives in corporate governance disclosures and discussed the status of implementation of good practices of corporate governance disclosures at the company level.

It is recognized that there is an increase in the number of corporate governance accolades, awards, ratings, rankings and even corporate governance stock market indexes where constituents are selected on the basis of good practices in corporate governance.

(5) Corporate governance and its status

The corporate governance structures in place to assess, manage and report on these types of risks should be the subject of corporate governance disclosure.

The CSRC also points out that it will comply with the new Code to study and improve relevant regulations and normative documents, guide self regulatory organizations of stock exchanges and the China Association for Public Companies to formulate and revise relevant self regulatory rules, and gradually improve the governance rules system of listed companies.

(6) other compliance duties as stipulated in the articles of association of the company.

(6) other compliance duties as stipulated in the articles of association.

Article 148 The establishment of a joint venture insurance company with foreign equity or the establishment of branches within the territory of the PRC by foreign insurance companies shall be governed by this Law, or other laws and administrative regulations if they provide otherwise.

Measures to prevent the establishment of bogus companies.

Schering Plough's Corporate Governance Guidelines and Standards of Global Business Practices contains environmental provisions that could serve as an analogue for provisions on biological weapons (http phx.corporate ir.net phoenix.zhtml?c 89839 p irol govhighlights ).

The location of corporate governance disclosures within the annual report is not generally defined and can vary substantially in practice.

The income gained by a listed company from the deduction of state owned shares it holds shall be dealt with under the provisions of the State Council.

While the insurance company shall establish the compliance departments or compliance posts in its branch offices in light of its business scale, organizational structure and risk management work demands.

(4) other compliance duties as stipulated by the articles of association and determined by the board of directors.

Some information related to corporate governance may require immediate disclosure, and some codes and listing requirements address this issue.

An insurance company shall do the same for the compliance department or the compliance posts of its branch office when conditions permit.

Insurance companies shall, in light of the preceding provisions, determine the specific duties of compliance posts.

Article 82 The provisions of the Company Law of the PRC shall apply to the organizational structure of an insurance company.

The compliance chief shall be a senior manager of the parent company, and may not concurrently take charge of the business department or the financial department.

(4) the framework of compliance management and routes for reporting information

Where there is no local code on corporate governance, companies should follow recognized international good practices.

It shall also make explanations on whether it has set up the independent director system and the chief supervisor system according to the provisions of Article 41 and Article 42 of the Administrative Measures for Securities Investment Fund Management Companies, and whether the number of independent directors conforms to the related provisions.

Article 6 The board of directors of an insurance company shall bear ultimate liabilities for the compliance management of the company, and shall perform the compliance duties as follows

(6) other compliance duties that are stipulated in the articles of association or determined by the board of directors.

The purpose of these important rules is to protect outside investors from the opportunism of insiders. When such rules are too lax, insiders face insufficient constraints on their ability to run the firm in ways that serve their private interests at the expense of outside, general investors.

Notes to financial statements shall be prepared according to the attached Provisions on Preparing the Notes to Financial Statements of Fund Management Companies.

Head of the Political Affairs and Planning Division

Governing Council decision 123 provides the mechanism for the processing of corporate business losses claimed by an individual.

For example, Governments may make special provisions for companies that have an EMS in place, which may bring about significant cost savings to companies.

When corporations decide which politicians to support, what kind of messages to send, and which political outcomes to seek, their general investors are not consulted. Rather, such decisions are likely to reflect the preferences and objectives of the insiders who manage the companies, ostensibly on shareholders behalf.

(6) other compliance duties as prescribed in the articles of association or determined by the board of directors.

For example, the Dey Report (Canada), the Vienot Report (France), the Korean Stock Exchange Code, Malaysia's Report on Corporate Governance, Mexico's Code of Corporate Governance, and the King II Report (South Africa) specify board functions as strategic planning, risk identification and management selection, oversight and compensation of senior management, succession planning, communications with shareholders, integrity of financial controls and general legal compliance.

(2) organizing the departments and branch offices of the company to set down and revise the post compliance manual and other compliance management rules and systems

(2) regularly examining the semi annual compliance report of the company