Regulatory Alerts2026-07-08
Added
Order on Approved Business Types for Securities Investment Trust and Consulting Enterprises under Articles 3 and 4 of the Securities Investment Trust and Consulting Act (FSC Securities Investment No. 1150382965)
The Financial Supervisory Commission (FSC) issued an order approving specific new business types for securities investment trust enterprises (SITEs) and securities investment consulting enterprises (SICEs) that are authorized to operate discretionary investment businesses. These approved activities include providing discretionary securities investment consulting services, executing transactions on behalf of clients, or both, with clients strictly limited to foreign professional institutional investors. SITEs and SICEs must establish internal controls to prevent conflicts of interest, enter into detailed contracts with clients, and report relevant information monthly to the Securities Investment Trust and Consulting Association.
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