New regulations stunt Taiwanese insurance sector
The rules governing investment-linked insurance products in Taiwan, that came into effect in July have had a detrimental impact on the sale of structured products. The Investment Linked Policy Self Regulations were served by the Taiwanese regulator, the Financial Supervisory Commission (FSC), to prevent misselling and misconduct in the market and the decision was hastened by the fact that popular target redemption notes are suffering from heavy mark-to market losses.
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