The guidelines are based on the six core principles released in October to promote responsible AI innovation in the financial industry.
Taiwan is expanding its export controls to take into account items found on the battlefield in Ukraine by international allies.
Two employees were involved in the misconduct. The bank was fined and is being required to increase its operational risk capital.
Financial holding companies, banks, securities firms and insurers will have to disclose director remuneration under specified conditions.
Nearly 9,000 letters and orders will be removed as of 20 December. Four new measures will be adopted in 2024 to improve the regulatory environment.
Though 55 percent of APAC's malicious cyberthreats targeted Taiwan this year, it has "near-zero capability" to defend itself.
The new bureau, operating alongside the FSC's four other bureaus, will be charged with regulating and supervising the crypto sector.
Taiwan's central bank has completed a wholesale CBDC feasibility and technology study but has not yet decided whether to introduce a CBDC.
The FSC fined Shanghai Commercial and Savings Bank over leaks of personal data involving 14,000 bank customers.
CTBC Bank, Cathay United Bank and Chunghwa Post each blocked more than 1,100 fraud attempts from Q1 to Q3.
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