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Taiwan moves closer to asset management hub in Asia-Pacific

07/29/2015 04:19 PM
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Taipei, July 29 (CNA) Taiwan issued licenses Wednesday to 14 insurance companies operating here to run offshore insurance units (OIUs), and Financial Supervisory Commission (FSC) Chairman Tseng Ming-chung (曾銘宗) said that the license issuance will help Taiwan move closer to transforming itself into an asset management hub in the Asia-Pacific region.


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