According to ChainCatcher, the Financial Supervisory Commission of Taiwan announced that it will allow professional investors to invest in foreign virtual asset ETFs through a re-entrustment method. Qualified professional investors include: professional institutional investors, high-net-worth investment legal persons, high-asset clients, legal persons or funds that are professional investors, and natural persons that are professional investors.
To ensure that investors have sufficient investment experience and knowledge, securities firms must establish a comprehensive suitability assessment system when providing virtual asset ETF services, and the system must be reviewed and approved by the board of directors. Before a client purchases a virtual asset ETF for the first time, the securities firm must first assess whether the client has relevant investment experience and expertise to ensure the client's investment risk suitability.
Except for professional institutional investors, other investors must sign a risk warning before purchasing virtual asset ETFs for the first time. Securities firms must provide investors with relevant product information before accepting investors' first purchase of virtual asset ETFs to help investors fully understand the characteristics and related risks of the virtual asset ETFs they invest in.
