| Legislative： |
1.The full text of the FSC Order Jin-Guan-Bao-Cai-Zi No. 10704505101 was promulgated on December 7, 2018, and took effect on the date of issuance.
2.Point 2 of the FSC Order Jin-Guan-Bao-Cai-Zi No. 10804362571 was amended on November 18, 2019, and took effect on the date of issuance.
3.Point 2 of the FSC Order Jin-Guan-Bao-Cai-Zi No. 11004365984 was amended on January 28, 2022, and took effect on the date of issuance.
4.Point 2 of the FSC Order Jin-Guan-Bao-Cai-Zi No. 11404904515 was amended on March 26, 2025, and took effect on the date of issuance.
5.Point 2 of the FSC Order Jin-Guan-Bao-Cai-Zi No. 11504904224 was amended on February 12, 2026, and took effect on the date of issuance.
6.Point 2 of the FSC Order Jin-Guan-Bao-Cai-Zi No. 11504916974 was amended on June 16, 2026, and took effect on the date of issuance. |
| Content： |
1. This Order pertains to Subparagraph 7, Article 2 and Subparagraph 5, Paragraph 1, Article 10 of the Regulations Governing Use of Insurer's Funds in Special Projects, Public Investments and Social Welfare Enterprises (referred to as the “Regulations” hereunder).
2. When an insurer extends loans guaranteed or insured by a foreign central government, or a credit guarantee institution established by a foreign central government, or an official export credit agency published by OECD, and if the insurer only acts as a participant in a syndicated loan which meets the following criteria, such lending activity is considered a project in line with “Other use in line with the government policies” provided in Subparagraph 7, Article 2 of the Regulations:
(1) The loan as indicated by the borrower on its application will be used to invest in the following items:
A. The government-approved 5+2 innovative industries provided in the FSC Order Jin-Guan-Bao-Cai-Zi No. 10610908021 issued on March 21, 2017, which include green energy technology, Asia Silicon Valley, biomedicine, national defense, smart machinery, new agriculture and circular economy.
B. The government-approved six core strategic industries provided in the FSC Order Jin-Guan-Bao-Cai-Zi No. 11004365981 issued on January 28, 2022, which include information and digital technology, cybersecurity, medical technology and precision health, national defense and strategic industries, green and renewable energy, and strategic stockpile industries.
C. Businesses whose main economic activities meet the sustainability criteria set out in the Reference Guidelines for the Recognition of Sustainable Economic Activities as provided in the FSC Order Gin-Guan-Bao-Cai-Zi No. 11404904512 issued on March 26, 2025 and other projects deemed by the competent authority in charge of relevant industry as offering the benefits of climate change adaptation, net zero emissions or sustainability transformation.
D. The government-approved five trusted industry sectors provided in the FSC Order Jin-Guan-Bao-Cai-Zi No. 11504904221 issued on February 12, 2026, which include semiconductors, artificial intelligence, military and defense, security and surveillance, and new-generation communications.
E. The government-approved The "Ten AI Initiatives Promotion Plan " and other implementation plans approved by the Executive Yuan, provided that the industry is recognized by the competent authority for the specific sector as one encouraged for investment under said plans in the FSC Order Jin-Guan-Bao-Cai-Zi No. 11504916971 issued on June 16, 2026.
(2) The insurer should assess the fiscal situation of the foreign central government or the financial condition of the credit guarantee institution to determine whether it is capable of paying the debt it guarantees. The insurer should also set risk limits for respective countries/areas or institutions for its risk control operations.
(3) There should be an official guarantee or insurance document that will enable the insurer to make a direct demand against the foreign central government or the credit guarantee institution, requiring them to fulfill their guarantee or insurance obligation when the debtor defaults on its debt.
(4) The guarantee or insurance obligation of the foreign central government or credit guarantee institution must be unconditional and irrevocable before their guaranteed debt is totally paid off.
3. When an insurer extends a loan specified in Point 2 herein, the loan amount shall be included in the calculation under Subparagraph 1, Paragraph 1, Article 7 of the Regulations, and the combined amounts of loans and investments to and in the same entity may not exceed 5% of the insurer’s funds.
4. If a loan extended by an insurer as specified in Point 2 herein is considered a situation that falls under “other circumstances regulated by the competent authority” provided in Subparagraph 5, Paragraph 1, Article 10 of the Regulations, the insurer may proceed with the loan case if it has been approved by a resolution of its board of directors or falls within the scope of the board’s authorization. However the insurer shall still provide the following documents to the competent authority for ex-post check. The competent authority may inspect the insurer’s lending status periodically, and may limit or audit its lending business in view of socio-economic situation and actual business performance.
(1) Loan plan (including market prospect analysis, shareholder structure and management team of borrower, terms and conditions of loan, loan duration, principal and interest payment method and schedule, purpose of loan, sources of repayment, and evaluation of repayment capability).
(2) Details of investments in special project, public project and/or social welfare enterprise and details of loan extended, and respective performance analysis (including investment and loan performance analysis and descriptions for each period).
(3) Assurance of debt repayment (including assuring the qualification of the foreign central government or the credit guarantee institution and relevant guarantee or insurance document).
(4) Borrower’s financial statements; exempt if the borrower has established for less than one year.
(5) Resolution or authorization of the board of directors.
(6) Review/approval documents from relevant agencies.
(7) Other documents designated by the competent authority.
5. This Order shall become effective immediately. FSC Order Jin-Guan-Bao-Cai-Zi No. 11504904224 issued on February 12, 2026 is now rescinded. |