The regulatory proposal adds professional investors and entities as additional sales channels for the products issued by securities firms’ overseas subsidiaries.

Taiwan’s Financial Supervisory Commission (FSC) is set to relax the eligibility requirements for securities firms to apply for high-asset business and sales targets for structured notes issued by securities firms’ overseas subsidiaries in an effort to expand the client base. In a regulatory revision preview announced on Tuesday (10 February), the regulator said that structured notes issued by securities firms’ overseas subsidiaries will be extended to be sold to Taiwan’s