All posts tagged "FSC"
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81KoreaKorea Eases Loan Restrictions to Accommodate Home Rentals
New household loans issued to pay for jeonse deposits in Q4 2021 will not count toward the government’s 6 percent loan growth target for the year.
October 18, 2021 -
137Fintech / RegtechS. Korean Legislators Seek to Delay Cryptocurrency Taxation
Lawmakers are proposing to delay plans to tax cryptocurrency gains by one year to 2023, and to impose a more generous tax framework.
October 14, 2021 -
108Securities & TradingTaiwan FSC Amends Personnel Rules for Mutual Funds
Eleven overseas firms offering securities investment trust funds in Taiwan will need to set up a local risk management department by end-2022.
October 14, 2021 -
155Enforcement
Taiwan FSC to Standardise Data Breach Reporting Timelines
The FSC says standardising the breach reporting time at 72 hours will improve the efficiency of managing fraud and data theft.
October 13, 2021 -
133Securities & Trading
Taiwan FSC to Relax Rules for Securities Investment Trust Funds
Greater flexibility is provided for securities investment trust funds to invest in IPO stocks, CoCo bonds and TLAC bonds.
October 13, 2021 -
187Fintech / RegtechS. Korea to Tighten Rules for Bigtechs in Financial Services
FSS governor Jeong Eun-bo said regulators will seek to enable fair competition between digital platform providers and financial companies.
October 11, 2021 -
150Korea
S. Korea to Start Taxing Cryptocurrency Gains Next Year
Any further delay will lead to "the loss of public trust in government policy and undermine stability in the legal system", said finance minister Hong Nam-ki.
October 11, 2021 -
148Securities & Trading
Taiwan: Twelve Fund Managers to Receive Policy Concessions
Under two separate initiatives, eight foreign fund managers and four investment trust companies will receive preferential treatment for one year.
October 8, 2021 -
278AML / KYC
First Taiwan Crypto Exchange Reports on AML Compliance
Eight crypto exchanges were asked to submit AML compliance statements to the regulator by the end of November.
October 7, 2021 -
204Securities & Trading
Taiwan FSC Not Considering Introducing SPAC Listings
The practice of allowing companies to go public without any actual business or revenue is in conflict with practices in Taiwan, said the FSC's Kuo Chia-chun.
October 4, 2021
