Taipei,Nov.12,2012(CENS)--Due to the effect of the levy of securities transaction gains tax,many major local investors have switched their investments to the Hong Kong bourse,leading to reduction of their share in the trading of Taiwanese ...
Tags: Hong Kong, Capital Gains Tax, Investors, finance
Taipei, Oct. 25, 2012 (CENS)--In order to revitalize the international-board bond market, the GreTai Securities Market (the over-the-counter market) has proposed to the Financial Supervisory Commission (FSC) allowing simultaneous listing of ...
Tags: bond market, GreTai Securities Market, FSC, ECB
Taipei, Oct. 24, 2012 (CENS)--Affected by sluggish economy and decline of market interest rates, the Financial Supervisory Commission (FSC) announced yesterday (Oct. 23) slashing the interest rates for liabilities reserves funds for foreign ...
Tags: FSC, U.S.dollar-denominated insurance policies, Life insurers
Taipei, Oct. 23, 2012 (CENS)--The Financial Supervisory Commission (FSC) announced yesterday (Oct. 22) greatly raising the offsetting quota for margin trading and short sales by increasing the ceiling for margin trading by 50%, so as to ...
Tags: FSC, investors, stock market, securities firms
Taipei, Oct. 19, 2012 (CENS)--In view of the shrinking trading volume of the Taiwanese stock market, the Financial Supervisory Commission (FSC) will coordinate with securities firms and securities financing companies to cut the lending ...
Tags: Taiwanese stock market, FSC, financing firms, Chinese economy
Taipei,Oct.12,2012--Taiwan's foreign exchange reserves increased US$3.728 billion from a month earlier to US$397.954 billion at the end of September,remaining the world's fourth largest holder of forex reserves,according to the central ...
Taiwan's credit-card spending hit NT$1.73 trillion(US$57.66 billion)from last July to this June,based on the statistics compiled by Taiwan's Financial Supervisory Commission(FSC),which notes Taiwan's credit-card spending reached NT$1.67 ...
Tags: Taiwan, credit card, FSC, VISA
Taipei,Sept.21,2012(CENS)--The Financial Supervisory Commission(FSC)publicized Taiwan-based wealth-management platform program for local people yesterday(Sept.20),which will meet wealth-management demand of local people via five major ...
Tags: FSC, Wealth-Management Platform Program, wealth-management demand
Starting November 1,domestic designated banking units(DBUs)will initiate renminbi-related businesses comprehensively,announced the Financial Supervisory Commission(FSC)yesterday(Sept.19). As a result,local people will be able to deposit ...
Tags: RMB business, DBUs, domestic banks, Taiwan, economic policy
Taipei,Sept.17,2012(CENS)--China Construction Bank(CCB),second-largest bank globally in 2011 by market capitalization,may soon be the third Chinese bank to run branch in Taiwan after two other Chinese banks--Bank of China and Bank of ...
Tags: Ccb, 3rd Chinese Bank, Branch in Taiwan
Taipei,Sept.17,2012(CENS)--In order to expand the scale of investments and credit extension by Taiwanese banks in mainland China,the Financial Supervisory Commission(FSC)plans to exclude a number of business items from the scope of the ...
Tags: Fsc, Taiwanese Banks in China, Investments and Credit Extension
Taipei,Sept.17,2012(CENS)--Following the implementation of the third round of quantitative easing policy(QE3)in the U.S.,hot money has been flowing into Taiwan,jacking up the exchange rate of the NT dollar.To avoid wild fluctuation of the ...
Tags: CBC, Hot Money, Forex Operation, Control Measures
Taipei,Sept.7,2012--The Financial Supervisory Commission(FSC)and the China Banking Regulatory Commission(CBRC)will sign memorandum of cooperation for"offshore discretionary-account wealth-management operation,"allowing China's banking ...
Tags: FSC, CBRC, QFII, cross-Taiwan Strait, stock, investment
Taipei,Sept.5,2012--In line with the establishment of cross-Taiwan Strait currency clearance mechanism,listed companies will be allowed to float renminbi-denominated international bonds in Taiwan,giving them an extra channel for fund ...
Tags: cross-Taiwan Strait, currency clearance mechanism, FSC
Taipei,Sept.4,2012--As a further step for foreign exchange liberalization,the Central Bank of China(CBC)is studying the feasibility of expanding the scope of financial institutions for engaging in forex business,a move which may be ...
Tags: foreign exchange, CBC, FSC, forex businesses