CCTV News: In order to broaden the channels for the use of insurance funds, optimize the structure of insurance asset allocation, and promote insurance companies to improve their asset-liability management, the State Administration for Financial Regulation issued the "Notice on the Pilot Project of Invite Investment in Gold Business" (hereinafter referred to as the "Notice"), and will carry out a pilot project of Invite Investment in Gold Business from the date of issuance of the "Notice".
The "Notice" mainly puts forward clear requirements from three aspects: pilot content, pilot requirements and supervision and management. In terms of pilot content, the "Notice" defines the business scope and investment methods for pilot investment in gold, and has identified 10 pilot insurance companies. In terms of pilot requirements, the "Notice" regulates the pre-instance and in-process management of pilot insurance companies' investment in gold. In terms of supervision and management, the "Notice" clarifies the regular reporting, temporary reporting mechanism and relevant supervision and management requirements of pilot business.
Carrying out pilot projects for investing in gold business for insurance funds is a useful measure to deepen the reform of the use of insurance funds and promote the high-quality development of the insurance industry. In the next step, the State Administration for Financial Regulation will closely follow the progress of the pilot, strengthen supervision and management, do a good job in the implementation of the "Notice", and promote the healthy development of insurance funds' investment in gold business.
