萬國法律事務所

Taiwan’s Securities and Futures Bureau, which operates under the Financial Supervisory Commission, has recently explained that in order for a fund manager to be permitted to simultaneously manage multiple funds, such manager must possess a minimum of two years of experience as a fund manger.  Foreign-fund institutions in Taiwan are reportedly pleased that the Securities and Futures Bureau further explained that such fund-management experience obtained in either Taiwan or in foreign nations is acceptable. 

The Securities and Futures Bureau offered the explanation to alleviate concerns expressed by foreign fund operators in Taiwan that the experience requirement was excessively restrictive.  At the same time, the Securities and Futures Bureau added that there is no restriction on the numbers and sizes of funds that are managed simultaneously by such experience-qualified fund managers.