The central bank will now collect feedback from the trials, seek to gain public support for the CBDC, refine its technology, and establish regulations for the digital currency.
June 30, 2022The bank was fined, temporarily barred from setting up new ATMs, and required to increase its operational risk capital by 30 June.
April 14, 2022The FSC says the D-SIBs should take on more responsibilities to help Taiwan maintain financial stability and improve governance in the financial industry.
December 4, 2021Banks have until 1 January to comply with the new rules, which seek to prevent the theft of client money by customer relationship managers.
August 26, 2021A Taishin customer relationship manager stole TWD 347 million from nine customers over more than a decade by asking them to sign blank transfer forms.
July 26, 2021The move is aimed at boosting the lending capacity of the six D-SIBs, enabling them to expand loans to businesses by TWD 400 billion this year.
July 2, 2021The critical infrastructure facilities believed to be on the list include Taiwan’s D-SIBs, science park operators and telecoms.
February 5, 2021Following the launch of the first phase in September 2019, the second phase of open banking will involve the exchange of customer data.
January 11, 2021In June 2019, the FSC designated CTBC Bank, Cathay United Bank, Taipei Fubon Bank, Mega International Commercial Bank and Taiwan Cooperative Bank as D-SIBs.
January 2, 2021Cathay United failed to set up internal controls to prevent the theft of TWD 17.32 million from four clients by a customer relationship manager.
January 2, 2021