The bill will introduce a licensing system for crypto firms, along with requirements to segregate client assets and protect customer funds.
The company held two non-routine strategic planning meetings with its major shareholder and former chairman, without keeping meeting records.
The guidelines will make it easier for financial institutions to implement new identity verification mechanisms and scenarios.
P2P platform operators have to implement six risk control mechanisms, including a real-name account system and arrangements for segregating customer funds.
TCX chairman Sherman Lin said international carbon credits will be available before domestic carbon credits, which might take until 2025.
The FSC has also started developing regulatory guidelines on the use of AI in the financial industry, which will be completed by year-end.
Three firms were cut from the list of foreign fund managers eligible for policy concessions since last year. Goldman Sachs was added.
Overseas crypto platforms are not allowed to solicit business within Taiwan or from Taiwanese citizens unless they register locally and comply with local AML laws.
The law covers 12 aspects, including a licensing system for virtual assets businesses, rules for their operations, and prohibitions on unfair trading practices.
Five insurance companies and three banks failed to pass the most "severe" scenario and have proposed capital improvement plans.
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