Taiwan

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.

TAIFEX will also replace its older trading system equipment by Q4 2022 to improve trading efficiency, market capacity and service delivery.

Taiwan’s FSC has fined seven financial institutions for regulatory violations including the improper payment of commissions.

Greater flexibility is provided for investments in IPO stocks, low-unrated and rated and unrated bonds, and CoCo and TLAC bonds.

Securities and futures companies have to disclose more information on cyber incidents. Listed companies have to strengthen cybersecurity management.

The amendments will enhance disclosures on environmental and social issues, board diversity and independence, and information security policies and risks.

CTBC Bank was fined TWD 14 million, Bank SinoPac was fined TWD 4 million, and Bank of Panhsin was fined TWD 2 million.

The 7 core focus areas include consumer protection, real estate credit, information security, conflicts of interest, and green finance.

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