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BRIEF-China Life Insurance Fined By Central Bank Due To Disclosure Issues

July 29 (Reuters) - China Life Insurance Co Ltd :

* SAYS CENTRAL BANK FINES THE COMPANY 700,000 YUAN ($102,794.54) FOR DISCLOSURE ISSUES RELATED TO CLIENT AND TRANSACTION INFORMATION

* SAYS THE PENALTY HAS NO SIGNIFICANT IMPACT ON COMPANY'S OPERATIONS AND FINANCIAL POSITION

* SAYS IT WILL CONTINUE TO IMPROVE RISK CONTROLS AND ANTI-MONEY LAUNDERING ACTIVITIES Source text in Chinese: https://bit.ly/2mPxq6n Further company coverage: ($1 = 6.8097 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)