Listed companies in Taiwan required to disclose info in English starting July

TAIPEI (Taiwan News) — Publicly listed and over-the-counter companies in Taiwan will be required to provide relevant company information from July onwards, said the country’s financial reg...

ATM density in Taiwan triple Asian average

TAIPEI (Taiwan News) — There are 157 ATMs for every 100,000 adults in Taiwan, triple that of the average in Asia, the island country’s financial regulator said on Thursday (Jan. 16). As...

Taiwan's JCIC honors institutions for excellent credit information management

TAIPEI (Taiwan News) — To improve the availability, accuracy, and quality of credit information, Taiwan's Joint Credit Information Center (JCIC) has established three awards since 2007 to ho...

All banks in Taiwan to offer services in English by 2030

TAIPEI (Taiwan News) — All banks in Taiwan are set to provide both Chinese and English services by 2030 as part of the country’s bid to become a bilingual nation. Mega International Com...

Taiwan tycoon’s son rejected as chairman of Nan Shan Life Insurance

TAIPEI (Taiwan News) – The 36-year-old son of tycoon Samuel Yin (尹衍樑) was too inexperienced to take the position of chairman at Nan Shan Life Insurance Co., Ltd., the Financial Supervisory Commi...

FSC head lists 5 reasons why Taiwan is unlikely to replace Hong Kong as financial hub

TAIPEI (Taiwan News) — Despite the ongoing political turbulence and social unrest in Hong Kong, Taiwan is unlikely to replace the city as a financial hub in the Asia-Pacific region, according to...

Digital-only LINE Bank to open shop in Taiwan next year

TAIPEI (Taiwan News) — LINE Financial Corporation is expected to open its first all-digital bank in Taiwan in the second quarter of 2020, the company announced on Thursday (Nov. 28). LINE Ban...

Intense competition in Taiwan's banking sector expected next year: FSC chairman

TAIPEI (Taiwan News) — Financial Supervisory Commission Chairman Wellington Koo (顧立雄) said on Tuesday (Nov. 26) that competition in the banking sector will grow more intense next year when inter...

ATMs in Taiwan to go smart in age of digital banking

TAIPEI (Taiwan News) — Taiwan will continue to promote cashless payments while working to upgrade the country’s ATMs in the era of digital banking, said its financial regulator on Tuesday ...

Excess of ATMs hampers Taiwan’s bid to go cashless

TAIPEI (Taiwan News) — Former premier and Appacus Foundation Chairman Sean Chen (陳沖) wants to revisit Taiwan’s policy on automated teller machines (ATMs), as he believes they are a hurdle ...

Taiwan financial sector's exposure to Hong Kong up despite chaos

Exposure of Taiwan's financial sector to Hong Kong increased to top NT$1 trillion (US$3.79 billion) as of the end of September, even as the territory was threatened by escalating political chaos, ...

Taiwan Futures Exchange awards top 43 futures traders

TAIPEI (Taiwan News) — The Taiwan Futures Exchange (TAIFEX) on Tuesday (Nov. 12) awarded 43 financial institutions for their dedication to promoting growth in futures trading, enabling win-win s...

Singapore’s DBS to shut down all of its ATMs in Taiwan

TAIPEI (Taiwan News) — Singaporean bank DBS has decided to shut down all its ATMs in Taiwan by the end of this year if the Financial Supervisory Commission (FSC) agrees, reports said Wednesday (...

Taiwan says China’s ’26 measures’ unlikely to offset impact of trade war

TAIPEI (Taiwan News) – China’s recent announcement of “26 measures” officially designed to benefit Taiwanese citizens and corporations was unlikely to offset the impact of the ...

Taiwan's Financial Supervisory Commission wins Asia's 'Regulator of the Year' award

TAIPEI (Taiwan News) — Taiwan’s Financial Supervisory Commission (FSC) issued a press release on Wednesday (Sept. 18) celebrating being named as the 2019 “Regulator of the Year,&rdqu...