To strengthen the corporate governance of insurance enterprises and enhance the professionalism and stability of board of directors, the FSC, in reference to the “Regulations Governing Qualification Requirements and Concurrent Serving Restrictions and Matters for Compliance by the Responsible Persons of Banks”, will amend the “Regulations Governing Required Qualifications for Responsible Persons of Insurance Enterprises” and will soon announce the draft amendment as required by law. The key points of the amendment this time include enforce the non-compete clause, increase the number of directors (supervisors) with professional background for insurance enterprises with assets worth more than NT$1 trillion, promote natural person director and require the board of directors of insurance enterprises to duly review the qualifications of its managers.