Legislative: |
Issue date: 30 April 2009 |
Content: |
Provisions Governing the Funds Allocations of Mainland China Area Investors Investing in Taiwan Area Securities Order of the Financial Supervisory Commission, Executive Yuan Issue date: 30 April 2009 Issue no: Financial-Supervisory-Securities-VIII-09800176693 1. A mainland China area investor that invests in Taiwan area securities may invest the funds described in Article 12, paragraph 2 of the Regulations Governing Securities Investment and Futures Trading in Taiwan by Mainland Area Investors, in government bonds, time deposits, money market instruments, and money market funds. Time deposits in which it invests are limited to a maturity of no greater than three months, and may be renewed no more than once. Its investments in money market instruments are limited to bills with a current maturity of 90 days or less. The total amount invested by a mainland area investor in government bonds, time deposits, money market instruments, and money market funds may not exceed 30% of the funds the investor has remitted to Taiwan. 2. The present Order is effective from 30 April 2009. Original to: Post on the public notice board of the FSC and the public notice board of the Securities and Futures Bureau, FSC Copy to: Foreign Exchange Department, Central Bank of the Republic of China (Taiwan); Banking Bureau, FSC; Financial Examination Bureau, FSC; Department of Legal Affairs, FSC; Taiwan Stock Exchange Corporation; GreTai Securities Market; Taiwan Depository & Clearing Corporation; Taiwan Securities Association; The Bankers Association of the Republic of China; all custodian banks; Lex Data Information Inc.; Winkler Partners, Attorneys at Law |