Sun Life poised to win licence in

Article Abstract:

Sun Life Assurance Company of Canada is likely to be granted licence to market insurance in China in a move that bolsters Chinese effort to join the World Trade Organization. The granting of license to Sun Life would be announced in mid-Apr 1999 to coincide with the scheduled visit of Chinese Premier Zhu Rongji in Canada. Presently, Manufacturers Life Insurance Co is the lone Canadian insurance firm allowed to sell policies in China.

China, Marketing procedures, Insurance, Insurance Carriers and Related Activities, Sun Life Assurance Company of Canada

---

OSC floats new rules for private placements

Article Abstract:

The Ontario Securities Commission has proposed a new set of guidelines for private placements. The new rules will make it easier for owners of small enterprises to solicit capital from friends and family. The new guidelines will permit big firms to get financing from sophisticated investors without going through the complicated and costly process of issuing a prospectus.

Ontario, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Securities industry

---

Similar abstracts:

• Abstracts: Trilon boosts dividend. Clearnet Communications Inc. Clearnet launches PCS roaming service
• Abstracts: Spar may have lost satellite deal but wins lucrative subcontract. Cameco signs deal to buy uranium from Russia
• Abstracts: Quirky little business makes eBay a big buy. NBC to plug Net service for women. Cisco weighs buying upstart

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.