Core Viewpoint - The recent notification from the financial regulatory authority aims to strengthen the regulation of universal life insurance (ULI) products, allowing for adjustable minimum guaranteed interest rates to better manage interest rate risk and promote sustainable market development [3][4][8]. Group 1: Regulatory Changes - The notification allows ULI products to adjust their minimum guaranteed interest rates under certain conditions, which helps insurance companies manage asset-liability matching and protect customer interests [4][8]. - ULI products are defined as flexible insurance products that combine protection and investment, with a minimum guaranteed interest rate that is subject to change based on market conditions [4][10]. - The notification introduces a one-year transition period for existing ULI products that do not meet the new requirements, with a deadline for compliance set for April 30, 2026 [10]. Group 2: Market Impact - The average settlement interest rate for ULI products is projected to decline to 2.79% by March 2025, down 60 basis points from 2023 and 5 basis points from 2024 [5]. - The notification aims to guide ULI products back to long-term operations and insurance protection, preventing short-term practices that could lead to liquidity risks [11][15]. - The notification includes a negative list for sales management, prohibiting misleading comparisons between ULI products and other financial products, and ensuring transparency in risk disclosures [17]. Group 3: Consumer Protection - Insurance companies are required to inform customers about the reasons for any adjustments to the minimum guaranteed interest rates and to provide adequate customer service [9]. - The notification emphasizes the importance of consumer rights protection, ensuring that clients are aware of the risks associated with ULI products [9][10]. - The notification mandates that ULI products must have a minimum term of five years, effectively eliminating shorter-term ULI products from the market [12][15]. Group 4: Financial Management - The notification requires insurance companies to establish clear rules for surplus distribution and to set aside special reserves for different scenarios to ensure fair profit distribution [16]. - It imposes stricter limits on the proportion of ULI funds that can be invested in high-risk assets, such as single equity investment funds and non-standard financial products [17]. - The notification aims to enhance cash flow matching management and closely monitor risk exposures to prevent asset-liability mismatches and liquidity risks [17].

Core Viewpoint - China People's Insurance Group is actively enhancing its internal compliance and anti-corruption measures through a series of educational initiatives aimed at its leadership and employees, emphasizing the importance of political integrity and discipline [1][2]. Group 1: Educational Initiatives - A recent warning education activity involved 90 party leaders visiting a prison to learn from the experiences of inmates, aiming to instill a deeper understanding of political standards and integrity [1]. - The group has conducted nearly 800 specialized warning education meetings and over 700 lectures on integrity education by party secretaries since the initiation of these educational efforts [1]. Group 2: Risk Management and Prevention - The group has developed major integrity risk prevention operational guidelines to prevent the abuse of power among party leaders, likening these guidelines to a "tightening" mechanism for various roles and processes [2]. - Continuous production of the "Cure the Ills and Treat the Chaos" educational series aims to educate and alert party members about integrity and ethical boundaries [2]. - The group is committed to enhancing political awareness and maintaining a clean political character among its members through ongoing education and adherence to central regulations [2].

新华财经北京4月2日电（记者孙广见）4月2日，市场监管总局召开专题新闻发布会。市场监管总局食品 协调司司长司光在会上表示，《食品生产经营企业落实食品安全主体责任监督管理规定》（以下简称 《规定》）的修正，进一步优化了现行的规章制度，强化了企业权责，细化了风险防控规定，将有效压 实食品生产经营企业主体责任，着力提升风险防控能力，切实保障人民群众饮食安全。 另一方面，细化了风险防控制度的相关规定。通过对《规定》的修正，进一步加强对风险的动态管理， 推动企业形成常态化防控制度。比如，去年以来，市场监管总局建立了覆盖食品生产经营全部业态、所 有类别的食品安全风险管控清单库，为指导企业建立健全自身的《食品安全风险管控清单》提供了参考 和指南。此次修正进一步规范了相关内容表述，便于企业依照执行。又如，明确要求将每日检查、每周 排查、每月调度情况予以记录并存档备查，确保风险隐患可追溯、可整改。再如，明确要求食品安全总 监、食品安全员在发现事故风险后，企业应当停止生产经营活动并向所在地县级市场监管部门报告，以 及时避免风险扩大。 一方面，进一步强化了食品生产经营企业权责。此次修正的主要目的，就是要构建更完善的企业食品安 全责 ...

中国国际金融股份有限公司 关于本次交易符合《关于加强证券公司在投资银行类业务中 聘请第三方等廉洁从业风险防控的意见》的 相关规定之核查意见 中国国际金融股份有限公司（以下简称"中金公司"）接受希荻微电子集团 股份有限公司（以下简称"上市公司"或"公司"）委托，作为其本次发行股份 及支付现金购买资产并募集配套资金（以下简称"本次交易"）的独立财务顾 问。独立财务顾问按照《关于加强证券公司在投资银行类业务中聘请第三方等 廉洁从业风险防控的意见》（证监会公告201822 号）（以下简称"《廉洁从业 意见》"）的规定，就本次交易中聘请第三方情况进行了核查并出具本核查意 见。 一、上市公司聘请第三方情况 上述中介机构均为本次交易依法必备的证券服务机构。除前述证券服务机 构外，公司直接或间接聘请境外律师事务所方氏律师事务所、Hanson Bridgett LLP、28 Falcon Law Corporation、长江律师事务所、LAW FIRM JANKANG、 Concord&Sage 出具了境外法律意见书；此外，公司聘请北京大象无形咨询顾问 有限公司提供募投项目可行性研究服务；并聘请北京荣大科技股份有限公司提 供底 ...

01 调结构督传导 2024年，我国央行多次实施货币政策调整，其中分别下调存款准备金率和政策利率两次，贷款市场 报价利率明显下行，截至2024年末，社会融资规模、广义货币M2、人民币贷款同比增速均在 7%-8%之间，高于名义经济增速约3个百分点，融资成本处于历史低位。 对于2025年的货币政策，潘功胜表示，目前我国货币总量比较宽松，未来将根据国内外经济金融形 势和金融市场运行情况，择机降准降息。当前金融机构存款准备金率和结构性货币政策工具资金利率 均有下行空间。 在货币结构上， 潘功胜表示，人民银行未来将加大对重大战略、重点领域和薄弱环节的金融支持。 研究创设新的结构性货币政策工具，重点支持科技创新领域的投融资、促进消费和稳定外贸。 用好 支持资本市场的两项货币政策工具，与证监会探索常态化的制度安排，支持资本市场稳定发展。 在货币政策传导方面， 潘功胜指出， 人民银行将持续强化利率政策的执行和监督，对于一些不合理 的、容易削减货币政策传导的市场行为加强规范，推动落实银行补充资本金等措施。 政策方向上有 保有控，促进产业供求的动态平衡，支持经济结构调整、转型升级和新旧动能转换。 文/曹萌 3月6日下午3时，十四 ...

最近，小师姐正沉迷在这本 《私募股权投资手册》 中不可自拔，因为这本阅读材料真的太实用、太划算 了！ 《私募股权投资手册》约有11万字，划分为五大章节，前半部分内容从尽职调查拓展到股权投资风险防控， 后半部分内容从投资协议延伸到对赌与回购事项。 《私募股权投资手册》目录大纲 《私募股权投资手册》 11万字，5大章节 扫码了解详情 第一章简要介绍了股权投资尽职调查的主要流程与方法，着重讲解了业务尽调"四核"、财务尽调"五定"、法 律尽调"六维"等内容。 例如业务尽调的"四核"就具体分为业务和产品、标的公司细分行业、研发实力情况、核心竞争力这四个层 面，每个层面都有不同的侧重点。 为了方便我们将理论与实践结合，书中还例举了浑水公司做尽调的"七板斧"：查阅资料、查关联方、实地调 研、调查供应商……等等，虽然都是一些常规的尽调方法，但如何把简单的工作在实践中做到极其细致，也 是非常不容易的。 第二章重点从风控角度，梳理了股权投资的三类常见业务风险、四类常见财务风险、十类常见法律风险，以 及估值风险与风险缓释。 虽然第二章的内容更为复杂，但小师姐却非常喜欢，因为通篇都是案例，没有什么比用实践说话更有信服力 的了。例如关 ...