1. On December 27, 2024, a directive was issued to relax the sales channels for PE Funds managed or invested in by subsidiaries of SITEs acting as general partners.
2.Expand sales to high-net-worth clients for PE/VC Funds managed or invested in by securities firms—The Securities Association formally reported the operational framework and supporting measures on December 26, 2024, with planned regulatory amendments to be completed by December 31, 2025.

Expand the scope of insurance industry investments in domestic private equity funds:
Encouraging Insurance Industry Investment in Domestic Venture Capital and Private Equity Funds

• Implementation Status:
  ☑️ In September and December 2024, the risk coefficients for insurance companies investing in infrastructure-oriented venture capital and private equity funds were reduced to 1.28% to encourage such investments.
  ☑️ Expand the scope of domestic private equity fund investments by the insurance industry to include Public-Private Partnership (PPP) projects, ESG-related projects, and social welfare enterprises Infrastructure and five trusted industries "" in March 2025; October 2025 and February 2026.
  ☑️ In February 2026, adjust the risk coefficients for insurance companies investing in Venture Capital and Private Equity Funds:
  (1) Adjusted the risk coefficient for the industry-wide investment in Venture Capital within a total cap of NT$50 billion from 33.75% to 17.25%.
  (2) Stipulated that if an insurance company invests in public construction, social welfare, or infrastructure through domestic PE or VC funds, and such investments account for 80% or more of the fund’s total available capital (including insurance capital and other sources, AUM), the risk coefficient for that specific category shall apply.
  ☑️ In April 2026, venture capital and private equity incentives have been incorporated into the investment incentive program.

1..Information Disclosure Relaxation: On December 30, 2024, the private fund Q&A was revised to allow investment trust enterprises to disclose information such as private fund names and related matters on their company websites.
2..Establishment of a Private Investment Product Platform: Information on domestic and foreign private funds and PE/VC Funds established or managed by subsidiaries of investment trusts will be available on this platform for qualified investors to access. A detailed plan has been requested from the Taiwan Depository & Clearing Corporation, with completion expected by December 31, 2025.
3.Investment Restriction Relaxation: Investment trust enterprises are permitted to issue private funds that invest over 40% in PE Funds through other approved business methods, and the restrictions on private investment trust fund investments have been eased.