Implementation Measures
To promote the development of the REIT market, the FSC has proposed draft amendments to the "Securities Investment Trust and Consulting Act" by referring to the REIT systems in Japan, Singapore, and Hong Kong. These amendments will allow REITs to be issued under fund structure , making their operations more timely and flexible.
Amendments to Fund Structure (Adopting a Dual-Track System for Trust and Fund Structures) and Adjustments to the Regulatory Framework
Current Status
- Amend the Securities Investment Trust and Consulting Act, along with related sub-laws, to allow the issuance of REITs under a fund structure.
- Relevant regulatory authorities are coordinating to amend associated regulations.
- Guide businesses in actively issuing fund-structured REITs to invigorate the real estate securitization market in our country.
- Encourage fund-structured REITs to invest in infrastructure while steering insurance industry funds to support national infrastructure development.
- Form a REIT task force composed of lawyers and accountants through the Stock Exchange and OTC Exchange to assist government agencies in the securitization of public infrastructure projects.
Key points of the amendment
Real estate investment trust enterprise
Real estate investment trust (REIT)
