Taiwan’s Financial Supervisory Commission (FSC) has officially announced that qualified professional investors can now access foreign virtual asset exchange-traded funds (ETFs) via sub-brokerages. This initiative targets a range of eligible investors, including institutional players, high-net-worth corporations, professional investment firms, and individual investors with substantial assets.

To ensure that participants have the necessary expertise, securities firms providing virtual asset ETF services must implement a robust suitability assessment system, which requires approval from their board of directors. Before any initial purchase of a virtual asset ETF, firms are tasked with evaluating the investor’s experience and knowledge to confirm that the investment aligns with their risk profile.

Additionally, non-institutional investors are required to sign a risk disclosure statement prior to their first investment in virtual asset ETFs. Securities firms must also furnish comprehensive product information to clients, enabling them to grasp the characteristics and risks associated with these virtual asset investments.