News Regulations14 Oct 2022

Taiwan:Regulator outlines how insurers are to reclassify financial assets

| 14 Oct 2022

Taiwan's Financial Supervisory Commission (FSC) has issued a statement saying that if the insurance industry intends to reclassify financial assets to boost net equity, the move should be handled in accordance with both the IFRS 9 and the reference guidelines of the accounting body -- the Accounting Research & Development Foundation.

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