FIs will have to disclose climate-related information in annual reports and public offering documents for securities issuance.
December 1, 2022D-SIIs will be required to meet higher capital and enhanced corporate governance requirements, and establish RRPs and robust risk management information systems.
November 2, 2022The FSC is seeking to strengthen controls around the interactions and communications between financial institutions and their major shareholders.
October 24, 2022The merger between Fubon Financial and Jih Sun Financial will be the first merger of financial holdings companies in Taiwan.
September 26, 2022The five are Yuanta Financial Holdings, Cathay Financial Holdings, First Financial Holding, E.Sun Financial Holding and CTBC Financial Holding.
September 14, 2022Applications will be open from 1 August. Fubon Financial and CTBC Financial have reportedly expressed interest in the licence.
July 6, 2022The plan, approved by President Xi Jinping, calls for the "complete inclusion" of payments and other financial activities within regulations.
June 27, 2022Financial holding companies will be able to issue corporate bonds in batches over up to two years using a single approval granted by the FSC.
June 20, 2022China CITIC Limited and Beijing Financial Holdings Group have been granted China's first licences to establish financial holding companies.
March 22, 2022The amendments will enhance disclosures on environmental and social issues, board diversity and independence, and information security policies and risks.
January 5, 2022