In order to strengthen the timely disclosure of financial information, the FSC amended Articles 36 and 39 of the "Regulations Governing the Preparation of Financial Reports by Insurance Enterprises” on 18 November 2021, stipulating that unless it is approved or otherwise prescribed by the competent authority, an insurance enterprise that is either publicly held or is a subsidiary of a financial holding company shall complete the preparation of its financial report and submit it to the competent authority within 75 days after the end of each fiscal year.