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July 2017

An opinion or inference of an witness based on facts directly experienced by the witness may be relied on as a basis of determination if it is objective and irreplaceable

July 2017

The provisions which exclude same-sex marriage under the Marriage Chapter of the Family Part of the Civil Code were declared unconstitutional pursuant to an interpretation of the Grand Justices of the Judicial Yuan(Taiwan)

July 2017

If a complaint is filed to set aside an arbitration award on ground that "the arbitration procedure violates legal requirements," the legal requirements so violated shall be limited to compulsory or prohibitive provisions and shall not include discretionary provisions(Taiwan)

July 2017

If the actual damages are less than the indemnification already paid by the insurer, the insurer may only recover by way of subrogation up to the amount of such actual damages

July 2017

The FSC amended rules to expand the utilization scope of special reserves by the financial industry

July 2017

The FSC released investment in exchange-traded funds and index funds from the maximum investment amount restriction under Article 10, Paragraph 1 of the Regulations Governing Securities Investment Trust Funds

July 2017

The FSC issued a directive to allow securities firms to handle relevant spot foreign exchange trading business

July 2017

The FSC amended the Administrative Rules for Offshore Banking Units to strengthen the customer identity confirmation procedures of OBUs(Taiwan)

July 2017

To perform its statutory capital increase obligation, a state-owned financial holding company may obtain unsecured credit from its subsidiary bank on an exceptional basis(Taiwan)

July 2017

The nature of random inspection conducted by the NCC does not require notification to be served upon the party concerned to be present(Taiwan)
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