Taiwan: Regulatory Waiver

The Regulator

Taiwan's regulator, the Securities Investment Trust & Consulting Association (SITCA), promotes economic development and facilitates collaboration in the financial market.

Requirements to Practice

The Regulations Governing Responsible Persons and Associated Persons of Securities Trust Enterprises (“Regulations”), governs the professional qualifications for personnel who conduct business for a securities investment trust enterprise.

The Waiver

Under the Regulations, a CFA charterholder who passes the local regulatory exam and has two years or more of relevant work experience (as defined by the SITCA) is qualified to practice as a securities investment analyst.