Compulsory "catastrophe insurance" -issuing convertible debt that turns into equity if a bank's core capital falls too far-is an idea Mr King views with some favour.
强制征收“巨灾保险”——发行银行核心资本过度缩水时可转成股本的可换债务——的想法得到了金先生的部分赞同。
Although there are novel proposals to use insurance policies and convertible debt as capital, the immediate priority should be simplicity.
尽管有人提出新颖的提议,将保险单和可转换债务作为资本,但当前的重点应该是简单性。
The contribution of foreign insurance companies shall be made in freely convertible currencies.
外国保险公司的出资,应当为自由兑换货币。
I. The branch offices of the foreign insurance enterprises should be appropriated working capital of no less than 0.1billion RMB or the equivalence convertible currency by their headquarters.
外资保险分公司应由其总公司无偿拨给不少于一亿元人民币或等值的自由兑换货币的营运资金;
The investment contributed by a foreign insurance company shall be a convertible currency.
外国保险公司的出资应当为可自由兑换货币。
The investment contributed by a foreign insurance company shall be a convertible currency.
外国保险公司的出资应当为可自由兑换货币。
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