Regulations Governing the Review and Management of Insurance Industry Engaging in Insurance Trust Business Article 16
An insurance enterprise engaging in insurance trust business should, according to the stated purpose of the trust, exercise due diligence of a bona fide administrator and handle the trust affairs in a professional and prudent manner. An insurance enterprise engaging in insurance trust business is deemed failing to exercise due diligence in any of the following situations:1. Indolent in informing the trustor or beneficiary of material information, including the following situations:(1)Failing to inform the trustor or beneficiary of risks associated with the utilization of funds in the trust account as required by law.(2)Failing to inform the trustor or beneficiary without justification of conflict of interest in the management of insurance trust.2. Acting in contrary to the provisions in Article 13, Article 14 or Article 15 herein.3. Failing to institute protective measures for the custody of trust assets as required by law.4. Failing the set up separate accounts for trust assets and own assets as required by the Trust Act or relevant regulations.5. Violating the principle of conflict of interest in the operation of insurance trust business.6. Failing to make payment, including expenses on behalf of the trustor or beneficiary in a timely manner on products purchased with funds in the insurance trust account.
中文原文 保險業經營保險金信託業務審核及管理辦法第16條
保險業經營保險金信託業務應依信託本旨，以善良管理人之注意義務，並以專業及謹慎態度處理信託事務。
保險業經營保險金信託業務有下列情形之一者，視為違反善良管理人之注意義務：
一、怠於告知應告知委託人或受益人之重大訊息者，其情形包括下列事項：
（一）未依相關法令規定向委託人或受益人告知信託帳戶資金運用之風險。
（二）無合理之理由未告知委託人或受益人，其為委託人或受益人處理保險金信託業務有利益衝突之情事。
二、違反第十三條、第十四條、第十五條所規定之任一行為。
三、未依法令規定之保護措施保管信託財產。
四、未依信託法或相關法令規定將信託財產與其自有財產分別設帳管理。
五、處理保險金信託業務有違反利益衝突原則之情事。
六、未依保險金信託資金運用所投資之產品規定時限即時為委託人或受益人給付相關款項及費用。
保險業經營保險金信託業務有下列情形之一者，視為違反善良管理人之注意義務：
一、怠於告知應告知委託人或受益人之重大訊息者，其情形包括下列事項：
（一）未依相關法令規定向委託人或受益人告知信託帳戶資金運用之風險。
（二）無合理之理由未告知委託人或受益人，其為委託人或受益人處理保險金信託業務有利益衝突之情事。
二、違反第十三條、第十四條、第十五條所規定之任一行為。
三、未依法令規定之保護措施保管信託財產。
四、未依信託法或相關法令規定將信託財產與其自有財產分別設帳管理。
五、處理保險金信託業務有違反利益衝突原則之情事。
六、未依保險金信託資金運用所投資之產品規定時限即時為委託人或受益人給付相關款項及費用。