Date
17 July 2018

Mainland, Taiwan regulators to meet Oct 15, paper says

The heads of the China Insurance Regulatory Commission and Taiwan’s Financial Supervisory Commission are scheduled to meet in Taipei on Oct. 15, United Daily News reported Monday, without citing any source. Xiang Junbo {項俊波}, chairman of the CIRC, and Tseng Ming-chung {曾銘宗}, chairman of the FSC, are expected to announce a mechanism for cross-strait insurance supervision. Taiwan has agreed to loosen restrictions on mainland insurers’ investment on the island and wants the CIRC to allow local insurers to hold more than half of their mainland ventures, the report said.

– Contact HKEJ at [email protected]

TL/AC/RA

 

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