Meeting with CIRC on Supervision Rules on Insurance Institutions Adopting Digitalised Operations

2016-01-15 | Beijing

Following the submission of the comments on 30 October, 2015, representatives of the European Chamber's Insurance, ICT and Cyber Security working groups met with Mr. Chunliang Li, Deputy Director-General at the CIRC's Statistics and Information Department, as well as other officials from the Statistics and Information and Regulation departments, to further discuss the Supervision Rules on Insurance Institutions Adopting Digitalised Operations.

At this meeting, DDG Li introduced the background of the Supervision Rules as well as the next steps. He also provided further clarifications with regard to the articles on data localisation, security and controllability, indigenous R&D among others.