Bulletin
July 2002 Issue
Bulletin
FINANCIAL ASSETS SECURITI-ZATION STATUTE ENACTED
On 20 June 2002, the Legislative Yuan gave its third and final reading to the Financial Assets Securitization Statute (the "Statute"). “Financial asset securitization” refers to an arrangement whereby a financial institution (the originator) either places its financial assets in trust with a trustee, or sells them to a special-purpose com-pany. The trustee or the special-purpose com-pany then issues securities based on these ... MoreCOMPETITION
- FTC ADVISES CARD ISSUERS TO WARN CONSUMERS ON INTEREST RATES
- TRUST ENTERPRISES MUST NOT BID ZERO FEE FOR CUSTODIANSHIP
- FTC DRAFTS GUIDELINES FOR MORTGAGE REPAYMENT PEN-ALTY WARNINGS
CORPORATION
- CLARIFICATION ON INDE-PENDENT DIRECTORS AND SUPERVISORS
- TRANSNATIONAL MERGERS AND DEMERGER AND COM-PANY REGISTRATION
- TRANSNATIONAL SHARE EX-CHANGE AND COMPANY REG-ISTRATION
- TRANSNATIONAL ACQUISITIONS AND COMPANY REGISTRATION
ENVIRONMENTAL PROTECTION
INSURANCE
- DEADLINE FOR IMPLEMENTA-TION OF INTERNAL CONTROL AND AUDITING SYSTEMS
- RBC TO BE IMPLEMENTED IN JULY 2003
INTELLECTUAL PROPERTY RIGHTS
- DISPLAYING MOTORCYCLE BRAND NOT "USE" OF SERVICE MARKS
- KNOWLEDGE OF PRIOR USE BARS TRADEMARK REGISTRA-TION
- COPYRIGHT AND PLATE RIGHTS
- APPLICABILITY OF COPYRIGHT LAW ART. 37 PARA. 6
- PROPOSED PATENT LAW AMENDMENTS
- TRADEMARK LAW ARTICLES 77-1 AND 79 AMENDED
INVESTMENT
LABOR
SECURITIES
TAX
- ACCOUNTING AND INCOME TAX TREATMENT OF PREMIUM IN-COME FROM DISPOSAL OF ASSETS
- PAYOUTS FROM CAPITAL RE-DUCTION AFTER CAPITALIZA-TION OF GAINS FROM LAND SALE ARE SHAREHOLDERS’ BUSINESS INCOME
- ZERO TAX ON BONDED GOODS SOLD INTO DUTIABLE ZONE FOR FOREIGN CURRENCY
- OVERDUE CREDIT CARD LOANS TO BE RECORDED AS BAD DEBTS
- DEED TAX EXEMPTION CER-TIFICATE NEEDED ON DEMERGER
- HEADQUARTERS TAX INCEN-TIVES COME ON STREAM