FINANCIAL SUPERVISORY COMMISSION

AML / KYC

Taiwan's New Bank-Led Anti-Fraud Platform Already Yielding Results

By Sanday Chongo Kabange | 18/08/2025

The new "Suspicious Account Early Warning Centre" relies on proactive reporting from FIs and has already led to the dismantling of major fraud rings, the FSC said.

Fintech / Regtech

Taiwan FSC Hails Success of Digital Push, Citing Adoption of E-Dividend Notices

By Sanday Chongo Kabange | 18/08/2025

71% of companies listed on the TWSE's main board and 63% of those on the TPEx are now using the eNotice Platform launched in 2023.

Securities / Derivatives

Taiwan FSC Issues Clarification on ETF Payout Rules

By Sanday Chongo Kabange | 16/08/2025

The FSC says recent guidelines aim to stop firms from using new investor cash to inflate distribution yields.

Korea Mandates Lower Credit Card Fees for Over 3 Million Merchants

By Mark Johnston | 15/08/2025

The move, affecting 93.2% of all businesses, requires credit card firms to apply preferential rates to ease the financial burden on small enterprises.

Capital / Liquidity

South Korea to Offer Credit Amnesty Programme to Tackle Debt Overhang

By Mark Johnston | 14/08/2025

The programme targets up to 3.24 million small-sum borrowers with debts of KRW 50 million or less, aiming to boost credit scores and support economic recovery.

Enforcement

Taiwan FSC Fines Cathay United Bank for Internal Control Failures

By Sanday Chongo Kabange | 14/08/2025

The FSC cited serious loopholes in Cathay United Bank’s internal controls, which allowed a customer service agent to fraudulently use multiple clients' credit cards.

AML / KYC

Taiwan Mandates New Biometric and Video Rules for Remote Insurance Sales

By Editors | 13/08/2025

The FSC detailed stricter identity verification checks, video recording standards, and sets a maximum error-rate for biometric technology used in onboarding.

Securities / Derivatives

Taiwan Finalises New Rules for Offshore Securities Unit Client Funds

By Editors | 13/08/2025

The amendments allow Offshore Securities Units to use qualified foreign custodians for client funds to boost international competitiveness.

Taiwan Banks Directed to Open Single Complaint Window for Mortgage Disputes

By Editors | 11/08/2025

The move aims to protect first-time and owner-occupier homebuyers, with the FSC telling banks they should not summarily reject these applications.