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July 2011 Issue

Bulletin

SUMMARY OF THE FINANCIAL CONSUMER PROTECTION ACT

The Legislative Yuan passed the Financial Consumer Protection Act ("Act") after three readings on 3 June 2011, which was enacted by the President on 29 June 2011, and authorized the Executive Yuan to announce the effective date of the Act. The Legislative Yuan also adopted an ancillary resolution which requires the Financial Supervisory Commission, Executive Yuan (FSC) to establish by donation an institution responsible for h ... More

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