The China Insurance Regulatory Commission On The Revision Of The Provisions On Insurance Assessment Institutions (Decision Amended In 2014)

Original Language Title: 中国保险监督管理委员会关于修改《保险公估机构监管规定》的决定(附2014年修正本)

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Read the untranslated law here: http://www.chinalaw.gov.cn/article/fgkd/xfg/gwybmgz/201503/20150300398588.shtml

The China insurance regulatory Commission on the revision of the provisions on insurance assessment institutions (decision amended in 2014)

    (September 29, 2013 2013 of 10th of China insurance regulatory Commission promulgated as of December 1, 2013) China insurance regulatory Commission on the provisions on insurance assessment institutions as follows: One, the 11th article is revised as follows: "insurance adjuster should be included in the name of the institution and its branches ' insurance assessment ', and the size shall not be identical to the existing insurance assessment institutions, except otherwise stipulated by the Circ.

    ”

    Second, delete the 33rd article.

    Third, the article by deleting the 42nd to 45th.

    Four, delete the 63rd paragraph (c), (d).

    Five, by deleting section 73rd part (a), (b).

    This decision shall take effect on December 1, 2013.

    The provisions on insurance assessment institutions under this decision be modified accordingly and publish it again.

    Report: insurance assessment institutions regulations 2014 (revised)

    (September 25, 2009 2009 7th China insurance regulatory Commission, released on September 29, 2013 2013 of 10th of China insurance regulatory Commission announced, effective December 1, 2013, the China insurance regulatory Commission to amend the insurance assessment institutions decision amendments to regulations)

    Chapter I General provisions

    First adjustment Bureau in order to regulate the insurance business Act, protecting the legitimate rights and interests of the parties, to maintain market order and promoting the healthy development of the insurance industry, according to the People's Republic of China insurance (hereinafter referred to as the Insurance Act) and other laws and administrative rules and regulations, this provision is enacted.

Article insurance assessment institutions in these rules refers to the commissions, specializes in insurance or accident insurance assessment, inspection, identification and assessment of loss adjusting business and reward institutions as agreed.

    People's Republic of China territory insurance assessment institutions, shall comply with the China insurance regulatory Commission (hereinafter referred to as the CIRC) eligibility conditions under, business insurance adjuster licence (hereinafter licence).

    Article on insurance assessment institutions shall abide by the laws, administrative regulations and the relevant regulations of the China insurance regulatory Commission, following the principles of independence, objectivity, fairness and justice.

    Fourth public insurance assessment institutions to engage in insurance business is protected by law, and no unit or individual shall interfere.

    Article fifth insurance assessment institutions in handling insurance assessment business because of a fault to the insurance company or insured for damage caused, shall bear the liability for damages.

Sixth China insurance regulatory Commission authorized by the State Council, on insurance assessment institutions perform their supervisory duties.

    Agency of the China insurance regulatory Commission, perform his supervisory duties within the scope of authority of the Circ.

    Chapter access

    Section I establishment

Article seventh insurance assessment institutions shall take the following form:

(A) the limited liability company;

(B) limited;

    (C) partnership.

Established by article eighth insurance assessment institutions, subject to the following conditions:

(A) shareholders, sponsors, or partners in good standing, the last 3 years has no record of serious violations;

(B) the registered capital or funding to achieve laws, administrative regulations and the minimum limit;

(C) complies with the relevant provisions of the articles of association or partnership agreement;

(D) the Chairman and the Executive Directors and senior management in accordance with the prescribed qualifications;

(E) have a sound organizational structure and management system;

(Vi) there is commensurate with the scale of permanent residence;

(VII) commensurate with the business of business, financial, and computer hardware and software;

    (H) the laws, administrative regulations and other conditions stipulated by the Circ.

    Nineth insurance assessment institutions registered capital or capital shall not be less than RMB 2 million, and must be paid in cash.

Tenth article in accordance with the law and administrative regulations cannot be investment units or individuals does not sponsor insurance assessment bodies, shareholders or partners.

    Insurance company employee investment insurance assessment institutions, shall notify the insurance companies; insurance companies, insurance company directors, senior management of investment insurance assessment institutions, should be in accordance with the People's Republic of China Act (hereinafter referred to as the Act) relevant provisions agreed by the shareholder meeting or the shareholder General Assembly.

    11th insurance assessment institutions and their branches should be included in the name of "insurance adjuster", and the size shall not be identical to the existing insurance assessment institutions, except otherwise stipulated by the Circ.

    Insurance assessment bodies established by section 12th, all shareholders, all the promoters or appointed representative or jointly entrusted agent by all partners, applying to the China insurance regulatory Commission. 13th insurance assessment institutions can apply to set up branch sales department.

Insurance assessment institutions applying for establishing a branch shall satisfy the following conditions:

(A) the integrity of the internal control system;

(B) the registered capital or funding meet the specified requirements;

(C) the functioning of existing institutions, and no major violation within 1 year prior to the application;

(D) the Chief to be appointed in accordance with the prescribed qualifications;

    (E) the branches have to be established to meet the requirements of business premises and other business-related facilities.

14th insurance assessment institutions with the registered capital or the minimum amount of the capital contribution to set up, you can apply for the establishment of 3 insurance adjuster arm; since then, applications for new branches, should at least increase its registered capital or capital contribution of RMB 200,000 yuan.

Apply for insurance adjuster for establishing a branch, insurance assessment institutions registered capital or funding of the provisions of the preceding paragraph after the capital increase limit has been reached, you can no longer increase its registered capital or capital contribution.

    Insurance assessment institutions or registered capital reached RMB 20 million yuan of funding, establishment of branches can no longer increase its registered capital or capital contribution.

15th after receiving the application for insurance assessment institutions set up by the CIRC, you can risk the applicant suggests that talks on applications for the establishment, inquiries, understanding of proposed branch of the market development strategy, business development, internal control systems, personnel structure and other related matters.

    Circ may organization site acceptance according to actual needs.

16th China insurance regulatory Commission to approve the establishment of insurance adjustment Bureau, insurance assessment branch, applicant shall be issued a license.

Upon receipt of the license of the applicant, shall, in accordance with the relevant provisions of industrial and commercial registration, license before they can practice.

    Insurance assessment institutions and their subsidiaries from the date of license within 90 days, without a legitimate reason not to register with the Administrative Department for industry and commerce, their licenses lapse.

    17th lawfully established on insurance assessment institutions, insurance assessment branch, shall from the date of registration in the 20th, written reports, China insurance regulatory Commission.

18th an insurance assessment institutions in any of the following circumstances shall be from the date of the resolution in the 5th, CIRC written report:

(A) the change of name or branch name;

(B) change of domicile or branch business premises;

(C) the sponsor, major shareholders or sponsors changing names or titles;

(D) change of major shareholders or sponsors;

(E) the ownership structure or the proportion of major change;

(F) changes its registered capital or capital contribution;

(VII) to amend the company's articles of association or partnership agreement;

(H) the Division, merger or dissolution or change of organization;

    (I) the withdrawal of branches.

    19th insurance assessment institutions and their branches change matter involves licensing records, shall be returned to the original license and obtain a new license, and in accordance with the relevant provisions of the administrative measures for insurance licenses for announcements.

Article 20th insurance assessment institutions license is valid for 3 years, before 30th of expiry of insurance assessment institutions should, apply to the China insurance regulatory Commission for an extension. Renewal of the license, insurance assessment institutions, the China insurance regulatory Commission on insurance assessment institutions prior to the expiry of the licence the first 3 years of operating a comprehensive review and evaluation, and make a decision on whether to approve an extension license.

Decides not to continue, and shall state the reasons in writing.

    Insurance assessment institutions shall from the date of receipt of the decision in the 10th to surrender the original certificate of the CIRC; approve the extension of validity, should receive a new license.

    Section II qualifications

21st insurance assessment institutions in these rules refers to the following senior management personnel:

(A) the company insurance assessment institutions of General Manager, Deputy General Manager or managers with the same terms of reference;

(B) partnership insurance assessment institutions conducting partnership Affairs partners or managers with the same terms of reference;

    (C) the insurance adjuster Branch Chief.

22nd insurance assessment institutions to be appointed Chairman, Executive Directors and senior management officers shall meet the following conditions, and approved by the China insurance regulatory Commission:

(A) University degree or above;

(B) holders of qualification certificates stipulated by the Circ;

(C) engaged in economic work for more than 2 years;

(D) have management capabilities required to perform their duties, be familiar with insurance laws, administrative regulations and the relevant provisions of China insurance regulatory Commission;

(E) the honest and trustworthy, of good character.

    Engaging in financial or assessments for more than 10 years, is not subject to the preceding paragraph (a) restrictions served as senior managers in financial, assessment institutions for more than 5 years or management positions for more than 10 years, is not subject to the preceding paragraph (b) restriction.

147th article 23rd company law article or in any of the following circumstances shall not act as insurance assessment institutions managing director, Executive Directors and senior managers:

(A) as law revoked the license of insurance companies, insurance intermediaries the directors, supervisors or senior management personnel, and on the personal responsibility of the revoked license or direct leadership responsibilities, from the date the license was revoked less than 3 years;

(B) for violation of law or discipline financial institutions by financial regulators to cancel the qualification of the directors, supervisors or senior management personnel, cancellation is not more than 5 years from the date of qualification;
(C) is prohibited within a certain period by financial regulators in the financial world, the term is not full;

(D) for violation of law or discipline is revoked the licensing of asset evaluation agencies, certification bodies and other bodies of professionals, revoked the licensing from the date less than 5 years;

(V) financial regulators a warning or a fine of not more than 2 years;

(Vi) is subject to judicial organs and discipline inspection and supervision departments or financial regulator survey;

    (VII) other circumstances as stipulated by the Circ.

Article 24th without consent of the shareholders ' meeting or general meeting of shareholders, insurance adjuster company directors and senior managers of institutions shall not be in conflict of interest in part-time positions.

    Insurance assessment institutions partners shall not own, or in cooperation with others engaged in competition with the Agency's business.

25th insurance assessment institutions to the CIRC Chairman, Executive Directors and senior management the qualification approval application, shall fill in the application form, submit the relevant materials.

    China insurance regulatory Commission on insurance assessment institutions to be appointed Chairman, Executive Directors and senior management personnel to inspect or conversation.

26th insurance assessment institutions, Chairman, Executive Directors and senior managers in insurance assessment institutions and their branches within, act as peer or subordinate position, again without approved qualifications.

Insurance assessment institutions decided to dispense with the Chairman, Executive Directors and senior management positions or agreeing to resign, their qualifications since the date of the decision void.

    Insurance assessment institutions appointed the Chairman, Executive Directors and senior managers, it should be since the date of the decision in the 5th, written reports, China insurance regulatory Commission.

    27th an insurance adjustment Bureau Chairman, Executive Director and Senior Manager indicted for alleged involvement in economic crimes, insurance assessment institutions shall from the date of the filing of the suit within 5th and closing date of the 5th in the written report to the Circ. 28th an insurance adjuster in special cases appointed interim head, shall from the date of appointment decisions within 5th written reporting to the Circ.

    Interim Head of time shall not exceed 3 months.

    Chapter III rules

    Section I General provisions

    29th insurance assessment institutions and their branches shall place the license in residence or business premises prominently.

Article 30th insurance assessment institutions may have the following services:

(A) the subject matter of the insurance underwriting before and after underwriting inspection, valuation and risk assessment;

(B) after the subject matter of the insurance accident survey, inspection and assessment of loss adjusters and residuals treatment of accident insurance;

(C) risk management consulting;

    (D) other business approved by the China insurance regulatory Commission.

    31st insurance assessment institutions and their branches in the People's Republic of China insurance assessment activities within the territory.

Article 32nd insurance assessment institutions and their branches of the employees shall comply with the conditions stipulated by the CIRC, holds qualification certificates stipulated by the Circ.

    Insurance assessment practitioners in these rules refers to the insurance assessment institutions and their branches in insurance underwriting inspection, valuation and risk assessment of personnel, or engaged in the subject matter of the insurance accident after the survey, inspection, assessment of loss adjusting business personnel.

    Article 33rd insurance assessment institutions and their branches in China should be on the Agency's legal and business training and education.

34th insurance assessment institutions and their branches shall set up account books record insurance assessment business income and expenses.

Insurance assessment institutions and their branches shall establish a filing of the complete specification, business records shall include the following information:

(A) the insurance adjuster mainly involved in business, including the name of the insurer, the insured, the insured and the beneficiary or name, insurance, accident type, Estimate amount;

(B) the compensation amount and collected;

(Iii) other business-critical information.

    Insurance assessment institutions records should be complete, true.

35th insurance assessment institutions and their employees shall enjoy the following rights:

(A) according to business needs, and require clients and other relevant parties to provide insurance appraisal documents, materials and other necessary assistance;

(B) the objective and impartial insurance assessment activities, does not provide assistance or require the parties to produce false insurance loss adjuster reports, suspended operations or termination of the contract;

    (C) the laws, administrative regulations and other rights stipulated by the Circ.

Article 36th insurance assessment institutions and their employees shall perform the following obligations:

(A) comply with the provisions of laws and administrative rules and regulations and CIRC, industry management, maintaining industry reputation;

(B) conformity assessment standards, professional ethics and standards;

(C) the relevant documents, certificates, information on the use of false identification;

    (D) the laws, administrative regulations, and other obligations under the China insurance regulatory Commission.

37th insurance assessment institutions, insurance assessment branch and its practitioners and insurance assessment activities of the other party has an interest, it shall inform the other party.

    Public evaluation activities party is entitled to require their or other parties concerned have an interest in an insurance adjustment Bureau or insurance adjuster practitioners avoid.

    Article 38th insurance assessment practitioners in developing insurance assessment business behavior to the respective insurance assessment institutions to assume responsibility. 39th insurance assessment institutions and its subsidiaries engaged in the insurance business, should enter into a written contract with the client, agreed rights and obligations of the parties according to law and other matters.

    Commission contract shall not violate the laws, decrees and relevant regulations of the China insurance regulatory Commission.

40th insurance assessment institutions and their branches in the course of business, shall draw up a specification for customer notification, and presented to the customer in conducting its business.

Customer notification shall include at least the insurance assessment institutions and their branches of the name, place of business, contacts, business scope and other essential matters.

    Insurance assessment institutions and their directors, senior management and loss adjusting business relationships associated with the insurance companies, insurance intermediaries, should be explained in the customer notification.

41st insurance assessment institutions, insurance adjuster branches and their employees in carrying out the assessment in the course of business, and should be diligent in due diligence, insurance appraisal report no significant omissions.

    Insurance loss adjuster reports involving reparations amount, should indicate the amount of compensation on the basis of the corresponding insurance policy.

    Section II prohibited conduct

    42nd insurance assessment institutions and their branches shall forge, alter, lease, lend, transfer of licenses.

    Article 43rd insurance adjuster employees shall not personally solicit, engage in insurance business or while practising in two or more insurance assessment institutions.

44th insurance assessment institutions, insurance adjuster branches and their employees in carrying out the assessment in the course of business shall not be any of the following cheat policyholders, insured, beneficiary or the insurer's actions:

(A) the parties to an insurance contract issued false or unfair insurance assessment reports;

(B) the concealment or fabrication and important information relating to the insurance contract;

(C) the fraudulent use of other name or allow others to practice on behalf of this body;

(D) employees use or allow others to practice in his name on behalf of others, or for others to sign insurance assessment report;

(V) collusion with the applicant, the insured or a beneficiary defrauds;

(F) adoption made up not of an insured accident or has deliberately exaggerated the extent of the loss of an insured to make false claims;

    (VII) other dishonest acts of the insured, the insured, beneficiary or the insurance company.

Article 45th insurance assessment institutions, insurance adjuster branches and their employees in carrying out the assessment in the course of business shall not be any of the following acts:

(A) false advertising and false propaganda;

(B) by fabricating and spreading false facts, use of administrative penalty to denigrate other means to damage the creditworthiness of other insurance intermediaries, or by other acts of unfair competition disrupts market order;

(C) the use of executive power, shareholder advantage or professional convenience and other improper means to force, induce, limit the insured an insurance adjuster contracts, accepting insurance assessment results or other legitimate business activities of insurance intermediaries;

(D) given or promised to the insurance companies and their staff, an applicant, an insured or a beneficiary interests other than the contract;

(E) use of business facilities for other institutions or individuals seeking improper interests;

(Vi) use insurance assessment of business people will seek any other illegitimate interests;

(G) disclose in the course of business aware of the insured, the insured, the beneficiary or the insurance company trade secrets and personal privacy;

    (VIII) false invoices, overstated assessment fee.

    Article 46th insurance assessment institutions and their branches shall not be unlawful to engage in insurance business or insurance or personal insurance assessment intermediary business agencies business.

    Market withdrawal of the fourth chapter

47th an insurance assessment institutions in any of the following circumstances, the China insurance regulatory Commission isn't renewed license:

(A) the expiry date of the license, no renewal;

(B) ceases to comply with the provisions other than article eighth on the conditions established by the institution;

(C) the internal management, not operating properly;

(D) there are significant violations, does not have a valid rectification;

    (E) is not required to pay regulatory fees.

    48th insurance assessment institutions license has expired, the continuation not valid according to law by the CIRC, or permits withdrawn, cancelled or revoked by law, shall organize liquidation according to law or to settle the insurance assessment business, liquidation report submitted to Circ or settlement reports.

49th insurance assessment institutions dissolved, shall from the date of dissolution resolution in the 10th to the CIRC report and submit two copies of the following materials:

(A) an application for dissolution;

(B) the general meeting of shareholders, shareholders or partners of the dissolution resolution;

(C) liquidation and liquidation of Heads of organizations and their programmes;

(D) other materials stipulated by the Circ.
After the completion of liquidation, insurance assessment institutions shall submit to the China insurance regulatory Commission liquidation report.

    50th insurance assessment institutions disbanded, found in the liquidation has been unable to repay debts and assets are insufficient to pay off the debt or the apparent lack of liquidity, it shall be filed for bankruptcy, liquidation and debts, in accordance with the statutory insolvency procedures.

    51st insurance assessment institutions is revoked business licenses, is dissolved, ordered to close down or declared bankrupt by court, it shall set up a group, in accordance with the statutory procedures for liquidation and settlement reporting to the Circ.

52nd insurance assessment institutions out of the market by one of the following circumstances, cancellation of licenses according to law by the CIRC, and make an announcement:

(A) the expiry date of the license, the China insurance regulatory Commission isn't renewed in accordance with law;

(B) the permit is withdrawn, revoked or cancelled by law;

(C) insurance assessment institutions dissolved, revoked business licenses, is dissolved, ordered to close down or declared bankrupt according to law;

(D) other circumstances as stipulated by laws and administrative regulations.

    Insurance assessment institutions cancelled licenses shall be promptly returned to the original license.

53rd insurance assessment branch of any of the following circumstances, cancellation of licenses according to law by the CIRC, and make an announcement:

(A) owned insurance assessment institutions permit is cancelled according to law;

(B) insurance assessment institutions belonging to withdraw;

(C) is ordered to close down or revoked according to law;

(D) the permit is withdrawn, revoked or cancelled by law;

(E) the provisions of laws and administrative regulations shall be revoked licenses of other cases.

    Cancellation of insurance adjuster license branches originals shall be returned to the license in a timely manner.

    Fifth chapter of supervision and inspection

54th insurance assessment institutions and their branches shall be in accordance with the relevant regulations of the China insurance regulatory Commission timely, accurate, complete and submit reports, reports, documents and information submitted to the China insurance regulatory Commission requirements related to the electronic text.

    Insurance assessment institutions and their branches to submit statements, reports and information should be made by legal representatives, Executive partner of the partnership Affairs, key principal or his authorized person signature, and affix the seal of the institution.

    55th insurance assessment institutions and their branches shall keep business records, account books, business ledgers and Commission income the original receipts and other relevant information, retention calculated from the date of termination of the insurance contract, the insurance period by 1 year of not less than 5 years, during more than 1 year of insurance shall not be less than 10 years.

    56th insurance assessment institutions should be required to deliver the regulatory fees to the account specified by the Circ.

57th insurance assessment institutions shall, within 3 months after the end of each fiscal year to hire accounting firms to the assets, liabilities, profits and other financial audit and related audit report submitted by the Circ.

    According to the needs of the CIRC may require insurance assessment institutions or insurance adjuster special external audit reports submitted by branches.

    58th Circ in accordance with needs of supervision on insurance assessment institutions, Chairman, Executive Directors or senior management staff to monitor the talks, requires a description of the major issues in their business activities.

59th Circ in accordance with law on insurance assessment institutions conducting on-site inspections and its affiliates, including but not limited to, the following:

(A) institution set up, whether the change is approved according to law or to fulfil their reporting obligations;

(B) in full, whether capital or investment real;

(C) whether business is legal;

(D) financial situation is good;

(E) report to the China insurance regulatory Commission, reports and timely, complete and true information;

(F) the internal control system is perfect, and the effective implementation;

(G) appointing the Chairman, Executive Directors and senior management of compliance;

(VIII) have effectively fulfilled their personnel management responsibilities;

(I) timeliness of public announcement, true;

    (10) computer configuration and system health is good.

60th insurance assessment institutions or insurance adjuster branch of China insurance regulatory Commission investigation for the following reasons, was ordered to stop by during the investigation, the China insurance regulatory Commission has the right to some or all of your business:

(A) the alleged serious violations of insurance laws and administrative regulations;

(B) there is significant risk from operating activities;

    (C) do not operate properly.

61st insurance assessment institutions and their branches shall be in accordance with the following requirements with the CIRC inspection work, and may not refuse or interfere with the Chinese insurance regulatory Commission shall supervise and check:

(A) relevant documents and materials as required, without delay, transfer or concealment;

    (B) managers, financial officers and employees shall be required to be present to explain the situation, answering questions.

62nd insurance assessment institutions and its affiliates shall have any of the following circumstances, the CIRC may be listed as key targets:

(A) business or financial transactions;

(B) failing to submit reports, statements or providing false reports, statements, documents and information;

(C) the alleged significant violations or a China insurance regulatory Commission on administrative penalties;

    (D) the CIRC deems it necessary to focus on other cases.

63rd in on-site inspections, the CIRC may, delegate accounting firms and other intermediary organs to provide related services; commissioned the Agency to provide services, shall sign a written trust agreement.

    Commitments should be informed of any check by the CIRC insurance assessment institutions and their branches.

64th insurance assessment institutions and their branches that inspection personnel who violate laws, administrative regulations and the relevant regulations of the China insurance regulatory Commission, can contribute to the CIRC report or complaint.

    Insurance assessment institutions and their branches have the right to Executive of Circ treatment measures for administrative reconsideration or administrative proceedings.

    The sixth chapter legal liability

    65th administrative license applicants to hide relevant information or provides false information to apply for setting up an insurance assessor agency or other administrative licensing, inadmissible or not approved by the CIRC, and give a warning, the applicant may not apply again in 1 year the administrative license.

    66th licensee through fraud, bribery or other improper means to establish insurance assessment institutions or to obtain permission from the China insurance regulatory Commission on administrative, be revoked according to law by the CIRC, on the licensee in a warning and a fine of 10,000 yuan, the applicant allowed to re-apply in 3 years the administrative license.

    67th article without approved unauthorized established insurance public estimated institutions or insurance public estimated branch institutions, or not made license, unauthorized to insurance public estimated institutions name engaged in insurance public estimated business of, by China Circ ordered corrected, give warning, no illegal proceeds of, and at 10,000 yuan fine, has illegal proceeds of, and at illegal proceeds 3 times times fine, but highest shall not over 30,000 yuan.

    68th forge, alter, lease, lend or transfer of licences, by the China insurance regulatory Commission ordered corrective action and give a warning and no illegal proceeds, and a fine of 10,000 yuan, has illegally obtained, and 3 times the illegal proceeds fine, but shall not exceed a maximum 30,000 yuan.

69th an insurance assessment institutions in any of the following circumstances, by the China insurance regulatory Commission ordered corrective action and given a warning and a fine of 10,000 Yuan:

(A) preparing or providing false reports, statements, documents or data;

(B) refuse or obstruct the supervision and inspection;

    (C) the appointment without qualification, qualified personnel.

    70th insurance assessment institutions, insurance adjuster branches and their employees in violation of the provisions of article 36th, 37th, 41st, 43rd, CIRC shall order correction, given a warning and no illegal proceeds, fines of between 10,000 yuan, has illegally obtained, fined a maximum of 3 times the illegal income, but shall not exceed a maximum 30,000 yuan.

    71st insurance assessment institutions, insurance adjuster branches in China and the present provisions 44th, 45th, one of the situations listed in section, by the China insurance regulatory Commission ordered corrective action and give a warning and no illegal proceeds, fines of between 10,000 yuan, has illegally obtained, fined a maximum of 3 times the illegal income, but shall not exceed a maximum 30,000 yuan.

72nd insurance assessment institutions and its affiliates shall have any of the following circumstances, by the China insurance regulatory Commission ordered corrective action and give a warning to fines of between 10,000 Yuan:

(A) pay regulatory fees not according to stipulations;

(B) in accordance with stipulations placed at the residence or place of business licenses;

(C) the alteration or fails without a permit in accordance with the provisions renewal of licence;

(D) surrender their license not according to stipulations;

(V) does not provide for the establishment and maintenance of specialized account books and business records;

(Vi) does not carry out the obligation;

(VII) not the provisions of this notice;

(H) the interim head of term in excess of the prescribed period;

(I) is not complying with the provisions set out in article 18th report;

(10) are not required to submit relevant reports, statements, documents, or information;

    (11) and illegally engaged in the insurance business or insurance intermediary business, unit or individual insurance assessment business.

    73rd insurance assessment institutions and their branches in violation of the provisions of the CIRC in accordance with the provisions of this chapter for the Agency to give penalties, its managers directly responsible and other persons directly responsible for warning and fines of between 10,000 yuan.

    74th insurance assessment institutions and their branches of Directors, senior management or employees, left after the bodies were found in the Agency's work in violation of the relevant insurance regulatory provisions, shall be investigated for responsibility.

75th Circ found insurance assessment institutions and its affiliates allegedly evade taxes, illegal fund-raising, pyramid schemes, money-laundering, and so on, need to be governed by other bodies, should be transferred to other authorities or.

    Violation of these provisions, constitute a crime, the CIRC should be reported to the judicial authorities or transferred.

    The seventh chapter by-laws

    76th insurance intermediaries in these rules refers to insurance agencies, insurance brokerage and insurance assessment institutions and their branches. 77th by the China insurance regulatory Commission approved the establishment of foreign-funded insurance assessment institutions governed by these provisions.
Our participation in the relevant provisions of international treaties and the China insurance regulatory Commission, to apply its provisions.

    Forms required by the format specified in article 78th formulated by the China insurance regulatory Commission.

79th the provisions in the relevant period divided by years, months, and other, are based on working days, excluding holidays.

    Referred to in this provision the "upper" and "lower" include the number.

    80th these provisions come into force on October 1, 2009, the China insurance regulatory Commission promulgated on November 16, 2001, of the administrative provisions on insurance assessment institutions (insurance, 2001 3rd) repealed simultaneously. 81st before the implementation of the provisions established by law insurance assessment institutions continue, does not contain all the prescribed conditions, specific measures prescribed separately by the China insurance regulatory Commission.