Taiwan

Continuous trading will enable real-time trading by matching orders immediately; existing call auction mechanism collects orders over five seconds before matching occurs.

The regulator is concerned the founding family holds undue influence at Fubon Financial Holdings and affiliates, compromising board of directors' autonomy.

'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.

Deloitte, EY, KPMG and PwC will cooperate with a consortium of 20 banks to simplify the auditing process for public companies.

New rules to attract overseas companies to list in Taiwan include the removal of a profitability requirement and a shortening of the FSC’s listing application review process.

Crude oil futures started trading on 2 July following an agreement with ICE Futures Europe; contracts denominated in NTD are targeted towards retail investors.

Regulator does away with rules requiring Chinese investors to apply for QDII license to invest in foreign firms listed in Taiwan; foreign firms can also solicit Chinese investment through private placements, rights issues or stake transfer.

New rules lower the threshold for initiating a tender offer from 25 percent to 10 percent; new rules to only apply to private-sector firms.

Cross listed ETFs track tech stocks traded in the two countries; following 2015 MoU that sought to expand cooperation between the TWSE and KRX.

Taiwan Futures Exchange chairman says crude oil futures will allow domestic investors to trade without adverse currency fluctuations; also exploring the application of fintech and other technologies for clearing services.