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Important Measures

Amendments to the Articles 7 and 10 of the “Regulations Governing Use of Insurer's Funds in Special Projects, Public Utilities and Social Welfare Enterprises”

2020-02-17
The FSC amended the aforementioned Regulations on December 31, 2019. The amended provisions: (a) set out requirements that an insurer must continue to comply with after it has invested in a venture investment enterprise; and (b) relax the applicable threshold of subsequent review for an insurer’s infrastructure investments not regulated by the “Act for Promotion of Private Participation in Infrastructure Projects.” The purposes of these amendments are to strengthen the control mechanism after insurers’ investments in venture investment enterprises, and to simplify the procedures for insurers'' investments in infrastructure projects.
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  • Update: 2020-02-17
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