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, 2022CTBC Bank was fined TWD 14 million, Bank SinoPac was fined TWD 4 million, and Bank of Panhsin was fined TWD 2 million.
January 3, 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, 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 new market allows an integrated listing and trading system to streamline issuance of green, social and sustainability bonds.
May 21, 2021Only LINE Bank employees will participate in the trial operations. Depending on the results, full operations could commence by late April.
March 25, 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, 2021The FSC is encouraging all banks to set up bilingual branches and enhance the English proficiency of their staff members as part of its efforts to become a regional financial hub in Asia.
September 14, 2020