Taiwan studies proposals for listed mutual funds platform
The FSC is reviewing applications from the Taiwan Stock Exchange and Gre-Tai Securities Market for cost-effective open-ended funds to be traded on exchange or over-the-counter.
Taiwan’s securities regulator is reviewing applications from the island’s stock exchange and OTC bourse to set up a retail distribution platform for listed open-ended funds (LOFs).
Both the Taiwan Stock Exchange (TWSE) and Gre-Tai Securities Market have submitted LOF proposals to the Financial Supervisory Commission in a drive to simplify mutual fund investment.
Under the proposals, retail investors would be able to subscribe to LOFs issued by different securities investment tru…
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