The 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, 2020The new rules ask Taiwan's five D-SIBs to keep their capital ratios 2 percentage points higher than other banks, compared to 4 percentage points higher in the previous version.
December 23, 2019The move follows push back from some banks, saying that the higher capital buffer required of D-SIBs could raise funding costs and make them less competitive.
September 16, 2019The new panel will assess formal applications for internet-only bank licences. Chunghwa Telecom, Waterland Financial and Line Financial are each seeking licences.
February 14, 2019Taiwan’s Financial Supervisory Commission has granted approval for CTBC Bank to become the first Taiwanese bank set up a consumer financing joint venture in China.
August 13, 2015