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Taiwan Fines Cathay SITE, Restricts Offshore Trust Offerings

Key Points

Cathay Securities Investment Trust, the asset-management arm of Taiwan’s largest financial conglomerate, is barred from applying to launch offshore securities investment trust funds for one year, after a former director’s outside role breached conflict-of-interest rules.

Cathay Securities Investment Trust, the asset-management arm of Taiwan’s largest financial conglomerate, is barred from applying to launch offshore securities investment trust funds for one year, after a former director’s outside role breached conflict-of-interest rules.
Taiwan Fines Cathay SITE (ORG) Restricts Offshore Trust Offerings Cathay Securities Investment Trust (ORG) Taiwan (LOCATION)
Originally published by Bloomberg Markets Read original →