Taiwan: Taiwan Relaxes Restrictions on Investments in PRC Related Securities by Foreign Fund Managers 

February, 2005 -

The Taiwan Securities and Futures Bureau issued an Order on 31 January 2005 increasing the limit on investment in PRC related securities by foreign funds offered by SICEs from 5% to 10% of the fund’s net asset value (NAV). The Order makes no change to the restriction on an offshore fund’s investments in securities issued in Mainland China which remains capped at 0.4% of the fund’s NAV.

 

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