Taiwan

Of 16 companies that have reported their AML compliance to the FSC, 13 will be required to make corrections.

The single platform fundraising cap is increasing to TWD 200 million, and overseas Chinese and foreigners will be allowed to invest in STOs.

The FSC has discovered a scheme to induce investors to apply for mortgages from banks and use the proceeds to speculate in the real estate market.

'Digital Identity Authentication and Authorisation' was selected as the theme for the sandbox, to promote more convenient and secure access to financial services.

Margin levels on equity index, commodity, FX and ETF contracts will be raised by 10 percent from 26 January.

The rules set out the disclosures overseas ESG-themed funds should make to be distributed in Taiwan.

Banks have six months to update their system to reflect the new TWD 3,000 threshold that will trigger notifications that an online card transaction has taken place.

The FSC is also lowering the threshold that triggers substantial shareholding declarations to promote greater transparency.

The largest listed companies, as well as those in the steel and cement sectors, will have to disclose GHG emissions in their 2022 annual reports.

Investors will be able to use claims on pre-settled funds from the sale of stock as collateral for trading, which will improve market liquidity and investor convenience.