萬國法律事務所

According to Taiwan’s current Insurance Law, the insurance enterprise funds’ foreign investments are restricted to foreign currency deposits, foreign securities, establishment of or investment in a foreign insurance company, insurance agency companies, insurance broker companies or other insurance-related enterprises approved by the relevant authority, or such other foreign investments as may be approved by the relevant authority. Moreover, such investments may not exceed 45 percent of the funds of any individual insurance enterprise.

In order to promote the Government’s foreign currency policy, which seeks in part to prevent customers from making illegal purchases, Taiwan Legislator, Su-Po Hsu (許舒博), has proposed amending the current Insurance Law to exclude the traditional foreign currency policy from the limitation on the total amount of foreign investment. The proposed amendment currently has been approved by the Finance Committee of the Legislative Yuan.