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On 4 January 2010, the Financial Supervisory Commission revised the scope of "material information concerning public rights and interests" referred to in the Regulations Governing Disclosure of Information by Life Insurance Enterprises and the Regulations Governing Disclosure of Information by Non-Life Insurance Enterprises. Any information falling within the scope of "material information concerning public rights and interests" is required to be reported to the competent authority and disclose to the public at the company's website or by holding a press conference within two days of occurrence. The revision, which affects Articles 9 and 10 in both regulations, made the following changes:
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Added a change of independent director(s) and a change of the responsible person of the Taiwan branch of a foreign insurance enterprise to the scope of "material information concerning public rights and interests".
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Removed a change of a company's telephone number, address, or free customer complaint telephone number from the scope of "material information concerning public rights and interests". This is no longer considered "material information concerning public rights and interests".
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Stipulated that a change of certifying CPA due to the internal adjustments at the accounting firm is not "material information concerning public rights and interests".
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Moved information concerning a change of share equity in the parent company of a Taiwan branch from Item 9, Article 9 to Article 10 as a special disclosure matter, which is required to be disclosed within 30 days of occurrence.
