Taiwan Floats Tight Rule On Retail Fund Proceeds

26 Jun 2009

Taiwan’s Financial Services Commission floated a proposal that 70% of proceeds from the sale of offshore retail structured products should be held in a local trust over the life of the note.

--Daniel Flatt

Taiwan’s Financial Services Commission floated a proposal that 70% of proceeds from the sale of offshore retail structured products should be held in a local trust over the life of the note. Then in short order on the back of swift and strong opposition it ditched the ...

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