According to the ministry, upon the approval of the issuance of a mutual fund, the trust company should launch the fund within three months. If there is any reason to delay the process, the industry could apply for another three-month extension.
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Fri, Aug 03, 2001 - Page 18 News List
Ministry plans to deregulate funds
INVESTMENTS Plans by the Ministry of Finance to deregulate the trust and banking industry are expected to benefit both consumers and industry
By Stanley Chou / STAFF REPORTER
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