On May 2, 2019, the FSC promulgated an interpretative order to allow electronic payment institutions to provide the service of collection and payment of funds for insurance products sold by OIUs set up by insurance companies according to the Offshore Banking Act, in order to improve utilization performance of fund placed in e-payment accounts held by e-payment service users, expedite premium payment of the insured and facilitate business development of e-payment institutions and insurance companies.