Taiwan’s watchdog further liberalises wealth management industry by relaxing OSU rules

13 October 2014 | 1 minute read

In a measure which furthers its ambitions to becoming a wealth management hub in Asia, Taiwan’s financial watchdog relaxes rules for offshore securities units (OSU) to expand their product offering. Among the changes is the removal of the fund-raising restriction against OSUs—a 30% cap on the entity’s net worth—investing in the local bourse. In addition, OSUs will also be allowed to…

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