Taiwan

A probe into a vaccine maker has cast a light on the prevalence of stock manipulation in Taiwan, where financial regulators do not have jurisdiction over insider trading cases.

Crypto exchanges in Taiwan have to report transactions worth more than TWD 500,000 and fulfill KYC requirements.

The move is aimed at boosting the lending capacity of the six D-SIBs, enabling them to expand loans to businesses by TWD 400 billion this year.

The Small and Medium Enterprise Credit Guarantee Fund of Taiwan will underwrite 100 percent of the lending programme.

AmCham Taipei's new whitepaper offers recommendations for banking, capital markets, asset management, private equity, insurance, tax, and sustainable development.

Central bank staff are working with software engineers to simulate how transactions would be made with a CBDC, known as "govcoin".

Taiwan was praised for easing rules on loan-loss reserves for foreign bank branches and for allowing foreign institutional investors to invest in ETFs.

Listed companies will be required to make mandatory disclosures on their carbon emissions, water usage and waste management starting next year.

Mega Bank failed to detect over 28 mortgages applications that were made by dummy accounts due to poor internal controls.

The cap on the special loan package for SMEs is being raised from TWD 300 billion to TWD 400 billion, with room for further increases if necessary.