[9581]
January 9, 1998
TO: INTERNATIONAL COMMITTEE No. 1-98
RE: INSTITUTE SUBMITS LETTER TO TREASURY ABOUT MARKET ACCESS
PROBLEMS IN TAIWAN
______________________________________________________________________________
Attached is a copy of a letter the Institute sent on January 7, 1998 to Treasury Department
Assistant Secretary Timothy F. Geithner detailing the problems Institute members have encountered in
marketing their products and services in Taiwan. The letter focuses on eight areas where Taiwanese
regulations governing securities investment trusts (mutual funds) and securities investment counseling
enterprises create barriers to market entry for foreign investment management firms. The letter urges
Treasury officials to raise these items with Taiwanese government representatives in forthcoming
meetings between the US and Taiwan and in on-going negotiations over Taiwan’s accession to the
WTO.
Mary S. Podesta
Associate Counsel - International
Attachment