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On January 1, 1984, under directive of regulatory authorities, a special assessment against trading commission charges received by the Taiwan Stock Exchange, 14 securities brokerage houses, and 14 banks operating brokerage services was collected to establish the SFI. (The special assessment was terminated October 16, 1987.)
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The initial registered net assets of the SFI amounted to NT$1.5 million, which in May 1988 was increased to NT$500 million after raising additional capital.
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In January 1993, the Board approved converting NT$30 million in accumulated operational surplus into the SFI fund. For improving the development of securities and futures in international markets, another NT$100 million was utilized to establish the "Securities and Futures Market Internationalization Fund" in 1996. Finally, in December 2001, the Board approved converting NT$30 million in accumulated operational surplus into the SFI fund, bringing the current net registered assets to NT$660 million.
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