On 24 April 2019, the President announced the amendment to the Act Governing Relations between the People of the Taiwan Area and the Mainland Area, and the effective date for this amendment will be further determined by the Executive Yuan. The penalties of the following activities will be raised, provided however that other than those imposed for agent's activities.
On 14 March 2019, the Executive Yuan passed the draft amendment to Articles 149 and 150 of the Criminal Code related to the Offenses of Interference with Public Order. We summarized the key points below: (1) The provision of “public gathering” of these 2 Articles is amended to “gather more than three people in public or the place where unspecific people may enter”. (2) The provisions of “carrying lethal weapon” and “cause the danger to public or...
Article 47 of the Criminal Code, which provides that the principal punishment for a recidivist shall be increased without an exception, is against the balance principle of crime and punishment. This Article shall be amended within 2 years, and before the amendment, the courts shall pursuant to the merits of this Interpretation consider whether to increase the punishment for a recidivist or not.
On 25 January 2019, the Financial Supervisory Commission (FSC) issued a ruling to allow a securities investment trust enterprise (SITE) managing the ETF may also apply for approval to launch a feeder fund (ETF Feeder Fund) which only feeds to the ETF managed by the SITE (Master Fund).
On 9 January 2019, the Executive Yuan passed the amendments to the drafts of Statute for Investment by Foreign Nationals and Statute for Investment by Overseas Chinese (the Amendments), which will be transferred to the Legislative Yuan for further review. T
Regulations Governing Recognition of Income from Controlled Foreign Companies for the Profit-seeking Enterprises and Regulations Governing Calculation of Income from Controlled Foreign Companies for Individuals.