Hong Kong, April 23, 2014 -- Moody's Investors Service says that it is continuing its review for downgrade of CTBC Financial Holding Co., Ltd's A3 long-term foreign currency issuer rating, following the announcement on 21 April 2014 by Taiwan's regulator, the Financial Supervisory Commission, that it has approved the company's plan to acquire a 100% stake in Taiwan Life Insurance Co. Ltd. (unrated).
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