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February 2018

Application for old-age benefit under labor insurance is an actus solemnis in writing; and if an application made by the insured has indicated the selected benefit items, an approval should be made based on what the application shows (Taiwan)

February 2018

If the voting date of a recall is originally a work day, a holiday should be granted; and if an employer obtains a worker's consent to work on that day, the wage for the work time should be additionally paid without affecting the voting by the worker (Taiwan)

February 2018

Since the work nature of resident surgeons is different from that of ordinary workers, their reasonable work hours should be assessed in reference tothe nature of their work (Taiwan)

February 2018

The Legislative Yuan created a financial regulatory sandbox system by adopting the Statute for the Development and Innovative Experiment of FinTech (Taiwan)

February 2018

A fund distribution institution should include operations such as the know-your-customer procedure, sales behavior, short-term trading prevention and money-laundering prevention in the internal control system of the fund distribution institution (Taiwan)

February 2018

An insurer may elect to handle investment in domestic private equity funds with a resolution adopted by its board of directors or within the scope of its authorization, provided that documents shall still be prepared for the ex post audit of the competent authority (Taiwan)