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CN SAMR Keeps Tab on Mkt Competition among Insurers
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China's State Administration for Market Regulation (SAMR) held the third anti-monopoly compliance seminar in Beijing today (25th), launching anti-monopoly compliance advocacy for the insurance industry. The SAMR requires insurance industry associations and relevant insurance companies to attach great importance to anti-monopoly compliance work, earnestly fulfill their main responsibilities, strengthen internal compliance management, establish and improve anti-monopoly compliance systems, and effectively prevent and stop the occurrence of monopolistic behavior. The SAMR underscored that it will keep tab on the market competition situation in the insurance industry, strengthen anti-monopoly law enforcement in the field of people's livelihood in accordance with the law, and promote the healthy development of the industry. AAStocks Financial News |
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