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CIRC signs co-op MOU with Russia's central bank on insurance supervision

BEIJING
2015-11-16 22:21

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The China Insurance Regulatory Commission (CIRC), the top insurance watchdog, has signed a memorandum of understanding (MOU) with the Bank of Russia, Russia's central bank, to deepen cooperation in insurance supervision, the CIRC said in a statement on Monday.

The MOU has established a mechanism to promote mutual communications in insurance supervision and mutual cooperation between the two sides, said the statement.

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