In order to reasonably expand the room for trust enterprises’ entrusted management and application of assets of the general public, the FSC plans to amend Article 2 of the “Regulations Governing the Conduct of Discretionary Investment Business by Securities Investment Trust Enterprises and Securities Investment Consulting Enterprises” with reference to the domestic economic and financial development, while taking into account the impact on the  discretionary investment business of securities investment trust enterprises and securities investment consulting enterprises and will raise the threshold for trust enterprises’ compulsory concurrent  discretionary investment business from NT$10 million to NT$15 million. The draft amendment will be announced in the near future in accordance with the provisions of the Administrative Procedure Act to solicit opinions from all parties.
The FSC said that in addition to being published in the official gazette of the Executive Yuan, the general description of the draft and a comparison table of the amended articles will be published on the FSC website. If you have any comments, please visit the webpage “Advance Notice of Draft Regulations” on the website “Laws and Regulations Retrieving System” (http://law.fsc.gov.tw) of the FSC and state your comments or contact the Securities and Futures Bureau of the FSC within 60 days from the date of the announcement.

Contact unit:    Securities Investment Trust and Consulting Division, Securities and Futures Bureau
Tel: (02) 2774-7426
For any questions, please write to:FSCmail