Taiwan’s Financial Supervisory Commission (FSC) has revealed that professional investors can now access foreign virtual asset exchange-traded funds (ETFs) through sub-brokerage channels, as reported by PANews. This initiative is aimed at a select group of qualified professional investors, including institutional entities, high-net-worth corporate investors, affluent clients, professional investment firms or funds, and individual professionals.

To ensure that investors have the necessary experience and expertise, securities firms providing virtual asset ETF services are required to implement a robust suitability assessment process, which must receive approval from their board of directors. Prior to making their initial investment in a virtual asset ETF, firms must assess each client’s investment background and knowledge to confirm the suitability of the investment risk. For all investors except institutional ones, a risk disclosure agreement must be signed before their first ETF purchase. Additionally, securities firms are obligated to furnish investors with comprehensive product information beforehand, ensuring they fully grasp the features and risks associated with the virtual asset ETFs they plan to invest in.