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Important Measures

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Issuance of an interpretative order regarding the Regulations Governing Pre-sale Procedures for Insurance Products

In order to encourage insurance companies to invest in “5+2 innovative industries” and infrastructure projects promoted by the government, the FSC has issued an interpretative order regarding the upper limit capped on the number of products a life insurance company may apply to the authority for approval specified in Article 19 of the Regulations Governing Pre-sale Procedures for Insurance Products. The order is introduced to reward insurance companies who actively promote the investment by allowing them to submit more products for regulatory reviews and thus encouraging their investment to help stimulate domestic economic development.
Visitor: 547   Update: 2018-03-06
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