Taiwan
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547Taiwan Regulator Censures 54 Managers at State Owned Banks
Editors, Regulation Asia April 12, 2018Taiwan FSC censured and demoted 54 managers at seven state banks for their involvement in a $679mn syndicated loan-fraud scandal.
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614
Taiwan Drafts Rules for Internet Only Banks
Editors, Regulation Asia March 25, 2018FSC may authorise Japan’s Line Corp and Rakuten to operate as full-service banks in Taiwan.
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532Taiwan to Explore Blockchain-based Payments System
Manesh Samtani, Regulation Asia March 4, 2018New central bank governor suggests artificial intelligence, big data and blockchain technology will revolutionise Taiwan’s financial landscape.
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476
Taiwan Brokers Set to Issue Exchange Traded Notes
Editors, Regulation Asia March 3, 2018Brokers with capital adequacy exceeding 250 percent and net value over NTD10 billion will be allowed to issue the new debt instruments.
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694
Citibank Taiwan Fined for ex-Financial Planner’s Misconduct
Samuel Riding, Regulation Asia February 5, 2018Bank reported financial adviser to regulator and dismissed them after uncovering misconduct involving more than $3mn.
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691
Taiwan Regulator Eyes Digital-Only Bank Regime
Editors, Regulation Asia January 24, 2018Head of Financial Supervisory Commission says to produce feasibility study this year; visit South Korea and Japan to investigate internet-only banking concept.
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673US Fed Fines Taiwanese Bank $29mn for AML Failures
Editors, Regulation Asia January 19, 2018US Federal Reserve Board cites deficiencies in Mega Bank's operations, risk management and compliance controls in relation to AML and bank secrecy laws.
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617
Taiwan Passes Regulatory Sandbox Law
Garima Chitkara, Regulation Asia January 5, 2018Tech firms will need to pass an assessment for FSC approval to use the sandbox and gain exemptions from certain regulations.
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681Taiwan Stock Exchange Launches Co-location Services
Garima Chitkara, Regulation Asia December 29, 2017Exchange says move will boost trading speeds, bring Taiwan up to speed with international standards and regulations.
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Taiwan FSC to Establish Platform for Information Security
Editors, Regulation Asia October 19, 2017Order issued after reports that hackers breached bank's online transaction system and stole $60mn which was distributed via SWIFT.
