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.
On 4 September, 2018, the Ministry of Labor (MOL) announced the amendment to "Common Principle of Calculation of Fines for Violations of Labor Standards Act" (the Principle), which took effect on 1 October, 2018.
On 26 September 2018, the Ministry of Finance (MOF) announced the amendment to the "Direction for Reviewing and Regulating Deferral of Land Value Increment Tax for Land Transfer Due to Mergers and Acquisitions of Enterprises and Financial Institutions".
The Money Laundering Control Act will apply to lawyers, notaries public and accountants only if the services they provide in connection with the incorporation, operation or management of companies involve fund planning.