5 December, 2018
The FSC issued an administrative interpretation on September 3, 2018 to permit insurance enterprises to invest in the onshore private equity funds where a subsidiary reinvested by a securities firm is the general partner, provided that such private equity funds invest in the public investment projects specified in Article 3 of the Regulations Governing Use of Insurer’s Funds in Special Projects, Public Utilities and Social Welfare Enterprises, or in such industry qualified as the “Industrial Innovation Project 5+2”.
For further information, please contact:
Scarlett Tang, Tsar & Tsai Law Firm
law@tsartsai.com.tw
