2018.6.8 Oli Wong The Securities Supervisory Commission issued the Jin-Guan-Zheng-Chuan-Zi 1070320242 Circular of June 8, 2018 (hereinafter, the “Circular”) to stipulate that service enterprises in securities and futures markets are required to allocate appropriate manpower and equipment to take charge […]

2018.4.12 Grace Chiang The Supreme Court rendered the 106-Tai-Shang-1503 Criminal Decision on April 12, 2018 (hereinafter, the “Decision”), holding that the timing of existence of material information in insider trading should be objectively concluded through an overall observation of the […]

2018.6.29 Di Wu On June 29, 2018, the China Banking and Insurance Regulatory Commission promulgated the Measures for the Administration of Financial Assets Investment Companies (Trial Implementation) (the “Measures”) in order to promote the healthy and orderly development of market-oriented […]

2018.6.29 Nadine Cheng To promote the healthy and orderly development of market-based and institutionalized bank debt-to-equity swaps and how they are conducted, the China Banking and Insurance Regulatory Commission promulgated the Administrative Measures for Financial Asset Investment Companies (Trial Implementation) […]

2018.5.21 Elva Chuang The Financial Supervisory Commission rendered the Jin-Guan-Zheng-Tou-10703142173 of May 21, 2018 (hereinafter, the “Circular”) to point out that the Financial Supervisory Commission had previously allowed securities investment enterprises to apply for an approval for investment in venture […]

2018.5.29 Sophia Tsai The Financial Supervisory Commission issued the Jin-Guan-Bao-Cai-10704502401 Directive of May 29, 2018 to promulgate Articles, 6, 25, 30, 33, 38 and 41, as amended, of the Regulations Governing Implementation of the Internal Control and Auditing Systems of […]

2018.4.17 Teresa Huang The Taiwan High Court rendered the 106-Jin-Shang-Yi-4 Civil Decision of April 17, 2018 (hereinafter, the “Decision”), holding that although an actor has been found guilty in a final court order due to illegal operation of futures consulting […]

2018.4.17 Elva Chuang The Financial Supervisory Commission (hereinafter, the “FSC”) promulgated the Rules for Issuing New Taiwan Dollar Financial Debentures by Taiwan Branches of Foreign Banks (hereinafter, the “Rules”) via the Jin-Guan-Yin-Wai-10702710830 Directive of April 17, 2018.  Consisting of 13 […]

2018.4.27 Yi-Shan Cheng The Financial Supervisory Commission (hereinafter, the “FSC”) promulgated the Administrative Rules for Innovative Financial Technology Experiments (hereinafter, the “Rules”), consisting of 24 articles, via the Jin-Guan-Ke-10701062960 Directive of April 27, 2018.  The Rules came into effect on […]

2018.4.25 Oli Wong The President promulgated Articles 14-2 and 178 of the Securities and Exchange Law (hereinafter, the “Law”) as amended via the President-Hua-Zhong-One-Yi-Zi 10700042151 Directive of April 25, 2018 so that when executing business, an independent director who deems […]

2018.4.28 Joline Chen The China Securities Regulatory Commission amended the Rules for Establishment of Securities Companies with Foreign Equity (the “Old Rules”), which came into effect in October 2012, by promulgating the Measures for the Administration of Foreign-invested Securities Companies […]

2018.4.27 Joline Chen To regulate the asset management business of financial institutions, unify the regulatory standards for similar types of asset management products, and effectively prevent and control financial risks, the People’s Bank of China, the China Banking and Insurance […]

2018.3.15 Teresa Huang The Financial Supervisory Commission (hereinafter, the “FSC”) issued the Jin-Guan-Zheng-Tou-1060051436 Directive of March 15, 2018 (hereinafter, the “Directive”) to relax the requirements for concurrent assumption of positions at overseas institutions by personnel of securities investment trust enterprises. […]

2018.3.30 Elva Chuang The Financial Supervisory Commission issued the Jin-Guan-Zheng-Chi-1070306590 Directive of March 30, 2018 (hereinafter, the “Directive”) to announce the requirement that the supervisor of the legal compliance unit of a futures commission merchant may serve concurrently as the […]

2018.3.29 Sean Tsou The Financial Supervisory Commission promulgated Articles 5, 7 and 11 of the Regulations Governing the Use of Proxies for Attendance at Shareholder Meetings of Public Companies (hereinafter, the “Regulations”) and added Article 10-1 via the Jin-Guan-Zheng-Jiao-1070307079 Directive […]

2018.2.27 Grace Chiang The Taiwan High Court rendered the 105-Jin-Shang-Su-10 Criminal Decision of February 27, 2018 (hereinafter, the “Decision”), holding that for investment recommendations provided by securities investment analyzers on the media concerning the stocks of specific OTC-traded companies, errors […]

2018.3.15 Oli Wong The Financial Supervisory Commission (hereinafter, the “FSC”) issued the Jin-Guan-Zheng-Tou-Zi 10600514361 Directive of March 15, 2018 (hereinafter, the “Directive”) to relax the ruless for concurrent assumption of positions at overseas institutions by personnel of securities investment consulting […]

2018.4.27 Joline Chen To further expand the opening up of the banking industry and increase the convenience of foreign banks’ business operations, the General Office of the China Banking Regulatory Commission has issued the Circular on the Further Relaxation of […]

2018.4.2 Joline Chen For the implementation of rules on the regulation authority’s administration of financing guarantee business permits, the promotion of lawful operation of financing guarantee companies, and the maintenance of the order of the financing guarantee market, seven agencies, […]

2018.3.28 Joyce Wen The China Securities Regulatory Commission (the “CSRC”) issued the CSRC Directive No. 139 on March 28, 2018 to amend the previous Interim Measures for the Supervision and Administration of Credit in the Securities and Futures Markets (the […]

2018.2.23 Sean Tsou The Financial Supervisory Commission (hereinafter, the “FSC”) issued the Jin-Guan-Zheng-Chuan-1070303484 Circular of February 23, 2018 (hereinafter, the “Circular”) to ease relevant requirements by lifting the restriction that the compliance supervisor of a securities firm shall not concurrently […]

2018.2.13 Oli Wong The Financial Supervisory Commission lifted the US$50 million restriction on foreign currency investment by bills finance companies by promulgating Article 8 of the Regulations Governing Foreign Currency Bond Brokerage, Proprietary Trading, and Investment by Bills Finance Companies […]

2018.2.12 Grace Chiang The Financial Supervisory Commission (hereinafter, the “FSC”) issued the Jin-Guan-Zheng-Tou-1070302972 Directive of February 12, 2018 to promulgate Articles 3, 56 and 57 of the Regulations Governing Securities Finance Enterprises (hereinafter, the “Regulations”) as amended.  These amendments are […]

2018.1 Joyce Wen Recently, the People’s Bank of China issued the Notice on Further Improvements to Cross-Border Renminbi Business Policies to Facilitate Trade and Investment (the “Notice”) to implement the Circular of the State Council on Measures to Promote Foreign […]

2018.01.24 Joline Chen To further prevent insurance fund risks and deepen reforms, improve the administrative and supervisory mechanisms for utilizing insurance funds, and enhance the capability of the insurance industry to serve the real economy, the China Insurance Regulatory Commission […]

2018.1.11 Grace Chiang The Financial Supervisory Commission (hereinafter, the “FSC”) issued the Jin-Guan-Zheng-Chuan-1070300104 Directive of January 11, 2018 (hereinafter, the “Directive”) to communicate that overseas Chinese and foreign nationals seeking to invest in securities may entrust, by way of mandate, […]

2018.1.31 Oli Wong The President promulgated Articles 11, 17, 30, 62, 105, 108, and 111 of the Securities Investment Trust and Consulting Law (hereinafter, the “Law”) as amended and the addition of Articles 6-1, 16-1 and 105-1 to the Law […]

2018.1.2 Sean Tsou The Financial Supervisory Commission issued the Jin-Guan-Bao-Cai-10602505941 Directive of January 2, 2018 (hereinafter, the “Directive”) to communicate that when an insurer invests in a domestic fund set up by national investment grade company, if such fund is […]

2017.12.27 Oli Wong The Financial Supervisory Commission (hereinafter, the “FSC”) issued the Jin-Guan-Zheng-Tou-Zi1060044066 Directive of December 27, 2017 (hereinafter, the “Directive”) to require a fund distribution institution to include operations such as the know-your-customer procedure, sales behavior, short-term trading prevention […]

2017.12.29 Melanie Lo To create a financial regulatory sandbox system, the Statute for the Development and Innovative Experiment of FinTech (hereinafter, the “Statute”) was adopted during the 15th Meeting of the 4th Session of the 9th Term Legislative Yuan on […]