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April. 2005 |
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The Annual Conference in 2005 of WIN will be held at |
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Mr.
Richard Jacques-Turner, the Executive Director of WAD invites Mr. Hai
YANG to attend The Mid-Term Board Meeting of WAD holding at |
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On March 25, 2005, the seminar on the topic of ‘Investigation Tips of Insurance Claims’ had achieved a great success, which organized by Tianjin Office of Sun Life Everbright and Steele. |
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Since
this May, ‘Steele Newsletter’ will be published in the first day of
every month, and herein we sincerely thank your concern and support, but
please keep providing your precious suggestions. |
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On
April 1st, 2005 China Life Insurance Company Limited and Bank of China
Company Limited signed the business cooperation agreement in Beijing,
according to The Agreement, both sides will cooperate comprehensively in
many traditional fields including the insurance agent, deposit business,
financing operation, financing settlement, E-business, bank cards, and
fund cooperation, besides that they also expand the cooperation in the
trusteeship of insurance capital, information system development, the
deep exploration of cooperation mode, and so on. |
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On
April 1st, 2005, PICC Property and Casualty Company Limited (‘PICC P
& C’) announced its new insurance product and sold its first
E-insurance policy when The Electronic Signature Law of People’s
Republic of China put in practice. |
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‘The
Statute of Prevention Duty Crime’ has been passed through at The 35th
meeting of The 3rd Shenzhen NPC Standing Committee, in which some
familiar words and phases are included in the local regulations such as
taking the blame and resigning, supervision by news media, and so on.
‘The Statute’ gives a clear definition of the journalist’s rights
including the right to know the truth and the reasonable suspicious
right, which is a big breakthrough point for news medial to use the
supervision right. |
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Four
Hong Kong citizens have been awarded the Certified Attorney by Shenzhen
Judicial Department on April 3, 2005, whom are the first obtained the
licensed certificate in Mainland China. |
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Since
the Electronic Signature Law of People’s Republic of China put in
practice on April 1st, 2005, the E-signature will have the same legal
force like the traditional handwriting signature and the seal.
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Insurance Anecdote |
Unemployment Insurance of The King |
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One
former King of Thailand had one worth commending in his life by
forecasting his fate when The King’s reputation was in the summit. In
1925, he ascended the throng becoming The King of Thailand, but The King
didn’t have any famous achievement in his post, accordingly he worried
and was afraid of his post be dethroned by the government all daylong
and then becoming a poor paper as poor as a church mouse. By preventing
the eventuality, The King respectively insured at a British Insurance
Company and A French Insurance Company against his unemployment
insurance, in which two insurance companies had never issued an
insurance policy for a King, but none of them gave up the chance in
expanding their company, by that two insurance companies willingly
issued the insurance policy with considerable insurance amount for The
King. The
fact proved that the King was right who met troubles halfway, and
subsequently he yielded up his kingship in 1935. Becoming a common
people, upon that the former King couldn’t enjoy the nabobism like a
King of the country, but he wasn’t down and out, and peacefully and
safely spent his last 6 years after the abdication depending on the
large unemployment insurance from two insurance companies.
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| Investigation tips |
How
To Protect Business Secret |
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Protecting your business secret by legal means. The protection of business secret by Laws has two forms in China, and the first form is by the tortious law, mainly by means of ‘General Rules Of Civil Law’, ‘Anti-Malfeasance Competitive Law’, and ’Criminal Law’, the second form is by the contract law, mainly by means of ‘Technological Contract Law’, and ’The Labor Law’. |
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Protecting
your business secret by economic means, which include: 1) by using the
distribution plan; 2) by using the long-term labor contract, 3) by using
a certain property right assignment. How to choose three methods listed
above, it will depend on the specific status and the business secret of
the enterprise. |
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Protecting
your business secret by administrative means, which include: 1) set up a
sole department for protection business secret of the enterprise; 2)
establish the interior confidential system; 3) strengthen internal
training and supervision; 4) bring the management of business secret
into the basic management system of the enterprise, administrating it by
regularly management instead of just by experience; 5) Sign the
confidential contract with employees. |
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Protecting
your business secret by trusting professional investigation agencies.
None of the above-mentioned means and methods can solely solve the
business risk, by that the enterprise should consider protecting the
business secret by using various means based on its practical situation
of an enterprise. |
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