Title:
Regulations Governing Foreign Exchange Business of Insurance Enterprises
Inactive Regulations
(Matters of Compliance for Offshore Insurance Business)
An insurance enterprise that has been approved by the Bank to engage in insurance-related foreign exchange business may, within the approved scope of business, accept the designation of an offshore insurance branch of the same insurance enterprise to handle its offshore insurance business in accordance with the Offshore Banking Act, the Offshore Banking Act Enforcement Rules, and other relevant provisions.