Regulations Governing Foreign Exchange Business of Insurance Enterprises Article 14

The source of funds for an insurance enterprise to engage in the business under Subparagraphs 5 and 7, Article 3 shall be limited to the insurance enterprise's own foreign currency funds used for foreign investment.An insurance enterprise that has been approved to engage in the business under Subparagraph 7, Article 3 shall observe the following rules:1. The borrowers shall be limited to domestic customers; and2. The insurance enterprise shall ascertain that the lead arranger has complied with Article 6 of the Directions Governing Banking Enterprises for Operating Foreign Exchange Business with regard to required documentation, conversion restrictions and external debt declaration.