Securities Investment Trust & Consulting Association of the R.O.C. (SITCA) was reorganized from Taipei Securities Investment Trust & Consulting Association( established in January 1990) on 8th October, 1998. SITCA was established under the permission granted by Ministry of the Interior, R.O.C. on 6th November aiming to achieve the purposes of strengthening the functions of services provided to the members and self-regulated organization, responding to the needs for market development, and cooperating with regulators to execute the related operation entrusted by the administrative organizations under the mission of economic developments, industry harmonization, and mutual benefit achievement.3F., No.145, Changchun Rd., Jhongshan District, Taipei City 104, Taiwan, R. O. C. Official website
Drafting the Regulations Governing the Establishment of Securities Investment Consulting Enterprises.
Ministry of Finance established “Regulations Governing Securities Investment Trust Enterprises” and “Regulation Governing Securities Investment Consulting Enterprises” in accordance with the Securities and Exchange Act.
Launched the first domestic fund of ‘International ROC Taiwan Fund”.
International Investment Trust company issued the first beneficiary certificates.
Ministry of Finance permitted the establishment of five securities investment consulting companies.
First closed-end mutual fund ”Kwanghua Taiwan Growth Selection Fund” established for public offering.
Establishment of Taipei Securities Investment Trust & Consulting Association.
Held Public Hearings on the conduct of discretionary investment business.
Securities & Exchange Commission, Ministry of Finance, permitted the establishment of eleven securities investment trust companies.
Securities Investment Trust & Consulting Association (SITCA) provided the draft rules to Securities & Exchange Commission as the reference to stipulate the Regulations Governing the Conduct of Discretionary Investment Business by Securities Investment Trust Enterprises and Securities Investment Consulting Enterprises.
Securities Investment Trust & Consulting Association of the R.O.C. (SITCA) was reorganized from Taipei Securities Investment Trust & Consulting Association.
Mr. Laai Ying-Zhao, Vice Premier of Executive Yuan, R.O.C. announced to remove the ban on the Conduct of Discretionary Investment Business by Securities Investment Trust Enterprises.
Enactment of “Securities Investment Trust and Consulting Act”.
Removed the ban on Offshore Fund to be offered, sold within Taiwan along with the requirements to appoint an onshore Master Agent.
SITCA held the Asia Oceania Investment Funds Association (AOIFA) annual meeting.
Mr. Henry Lin, Chairman of SITCA, was elected as the board director of International Investment Funds Association (IIFA) in AOIFA annual meeting 2012 in Hong Kong.