Taiwan
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185Taiwan’s Progress Impresses APG, Despite Some Shortcomings
Manesh Samtani, Regulation Asia November 19, 2018The APG was reportedly impressed by Taiwan's performance during its third round of mutual evaluations, which concluded last week.
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281Taiwan Cracks Down On Anonymous Virtual Currency Transactions
Garima Chitkara, Regulation Asia November 5, 2018Taiwan has amended its AML/CFT laws, forbidding anonymous cryptocurrency transactions and empowering the FSC to take action against noncompliant platform operators.
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235Taipei Fubon Bank Fined as Two Officers Misappropriate Client Funds
Editors, Regulation Asia October 30, 2018The FSC has fined the bank $129,000 for internal control failures that allowed two of its officers to misappropriate client funds, and ordered it to dismiss the officers responsible.
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324Taiwan FIs Need to Be Prepared for APG Mutual Evaluation – FSC
Editors, Regulation Asia October 26, 2018The Asia/Pacific Group on Money Laundering will conduct its mutual evaluation of Taiwan and its financial institutions from 5 November until 16 November.
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199
Taiwan FSC to Probe Recent Fee Hikes at Banks
Editors, Regulation Asia October 12, 2018Seven state-banks have raised fees for foreign remittances, saying the extra charges are needed to offset costs associated with upgrades to money laundering controls.
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180Taiwan to Launch Exchange Traded Notes in Q2 2019
Editors, Regulation Asia September 17, 2018Brokers issuing ETNs must have a net worth exceeding $325mn and a capital adequacy ratio of at least 250%.
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252
Taiwan to Introduce Continuous Trading for Equities in 2020
Editors, Regulation Asia September 6, 2018Continuous trading will enable real-time trading by matching orders immediately; existing call auction mechanism collects orders over five seconds before matching occurs.
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419Taiwan FSC Orders Governance Fix at Fubon Financial Holdings
Manesh Samtani, Regulation Asia August 13, 2018The regulator is concerned the founding family holds undue influence at Fubon Financial Holdings and affiliates, compromising board of directors' autonomy.
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932Japan’s Line Corp to Set Up Digital Bank in Taiwan
Editors, Regulation Asia July 30, 2018'Line Bank' will be set up in partnership with up to five local partners to take deposits, provide loans, and sell mutual funds and insurance policies.
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1.1KBig Four to Pilot Blockchain-based Auditing in Taiwan
Emma Zhou, Regulation Asia July 24, 2018Deloitte, EY, KPMG and PwC will cooperate with a consortium of 20 banks to simplify the auditing process for public companies.
