Monthly Archives: May 2020

Russia – CB Pension Fund Investment Rules

On 21 May 2020, RUS CB expanded NPF, IF investment opportunities. RUS CB announced expanded investment opportunities of non-state pension funds (NPFs) and assets of investment funds (IF) to reduce negative consequence of Covid. Changes include decrease in the concentration limits set for investment of pension savings funds of pension funds and IF assets from…
Read more

Taiwan – FSC Shareholding in Insurance Firms

On 19 May 2020, TAI FSC amended rules on insurance shareholding. Amended article 139-1 of the insurance act, on supervision for eligibility of the controlling shareholders of an insurance company, to implement equity transparency. Amendment When the third party mentioned in article 139-1 part 3 is a legal person, the actual beneficiary or ultimate controller…
Read more