Brief: Taiwan's Financial Regulator Says Insurers Will Be Allowed To Raise Funds Overseas Via SPV
05/03/2024 08:29
March 5 (Reuters) - Taiwan's Financial Supervisory
Commission said on Tuesday:
* INSURERS WILL BE ALLOWED TO RAISE FUNDS OVERSEAS BY
ESTABLISHING
SPECIAL PURPOSE VEHICLES (SPV)
* MOVE TO ALLOW OVERSEAS SPVS WOULD DIVERSIFY FUNDING
CHANNELS FOR
TAIWAN INSURERS, STRENGTHENING CAPITAL STRUCTURE
Source text for Eikon: ID:
Further company coverage: 2882.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))
Recent news on Cathay Financial Holding
See all newsBrief: Cathay Financial's Unit Invests $50 Mln In American Industrial Partners Capital Fund
Brief: Cathay Financial Holding Says September Net Profit T$6.72 Bln
Brief: Cathay Financial's Unit Invests $20 Mln In Coatue Growth VI Offshore Feeder Fund
Brief: Cathay Financial August Net Profit T$11.3 Billion
Brief: Taiwan's Top Financial Regulator: Local Banks January-July Pretax Profit T$424.1 Billion, +20% Y/Y