Relaxation of General Agent Restrictions for Non-Securities Overseas Funds

Reported over 1 year ago

Starting in June 2024, popular overseas funds can have multiple general agents in Taiwan, relaxing the current restriction that limits one general agent for a single brand. This change will allow for more flexibility in the sales channels for overseas funds in Taiwan, benefiting investment trust and consulting companies in competing for the representation of popular funds. The Financial Supervisory Commission's move is part of a series of measures to promote diversified investment options and broaden the scope of high-asset business opportunities.

Source: YAHOO

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