Taiwan

Taipei Fubon Commercial Bank will be integrated with Jih Sun International Bank, and Fubon Securities with Jih Sun Securities.

Only LINE Bank employees will participate in the trial operations. Depending on the results, full operations could commence by late April.

Taiwan central bank says the measures are aimed at curbing property hoarding and mitigating speculation by highly leveraged borrowers.

The social media app restricts voice recording without the consent of every speaker in a chat room, which may create a loophole for stock manipulators.

A total of 657 listed companies are required to file English-language reports this year, up from 351 firms last year.

Cathay Securities, Concord Securities and SinoPac Securities were fined the most and barred from certain business and capital raising activities for three months.

Individuals with a net worth of TWD 10 million will be allowed to invest in TIB-listed firms, down from the TWD 30 million minimum that was earlier planned.

Deutsche Bank is permanently banned from trading TWD deliverable and non-deliverable forwards. ING, ANZ and Citi received lesser punishments.

The critical infrastructure facilities believed to be on the list include Taiwan’s D-SIBs, science park operators and telecoms.

The bank has been reporting credit data to the JCIC incorrectly since December 2010, potentially impacting the credit scores of certain customers.