Taiwan's Ministry of Economic Affairs (MOEA), Ministry of Finance, Financial Supervisory Commission and National Development Council on September 29 jointly held the 2014 International Green Energy and Finance Forum in Taipei. The event ...
Tags: Lights, Lighting, Taiwan, Green Energy
The financial supervisory commission (FSC) of Taiwan was reported to enable banks, insurance firms and Qualified Domestic Institutional Investors (QDIIs) in the Chinese mainland to make investments in the local securities and futures ...
Taipei, Dec. 25, 2012 (CENS)--To cope with the implementation of the U.S. FATCA (the Foreign Account Tax Compliance Act) from Jan. 1 next year, the Financial Supervisory Commission (FSC) and the Ministry of Finance (MOF) will seek to ...
Tags: Agreement, FATCA, financial institutions, financial data
Taipei, Dec. 21, 2012 (CENS)--The Financial Supervisory Commission (FSC) has decided to push share listing by mainland Chinese enterprises on Taiwan’s stock market, said Chen Yuh-chang, chairperson of the FSC, yesterday (Dec. 20). ...
Tags: FSC, T Shares, Taiwan Stock Market, Manufacturing Processing Machinery
Taipei, Sept. 11, 2012 (CENS)--The Financial Supervisory Commission (FSC) has agreed to allow banks buying into mobile payment platform company organized by five major telecom carriers and EasyCard Corp, so as to tap the massive ...
Tags: Taiwan, FSC, mobile payment, EasyCard Corp, mainland China
Taipei, Sept. 11, 2012 (CENS)--To attract more mainland Chinese investments to Taiwan, the Financial Supervisory Commission (FSC) may ease restrictions on qualified domestic institutional investors (QDIIs) from China to invest in Taiwan's ...
Tags: Taiwan, mainland Chinese, investments, FSC
Perng Fai-nan, governor of the Central Bank of China (CBC), announced yesterday (Dec. 19) that the CBC has embarked on the establishment of “foreign-currency settlement platform,” which will start operation in the middle of next ...
Tags: Central Bank of China, CBC, foreign-currency settlement platform
Taipei, Dec. 14, 2012 (CENS)--The Financial Supervisory Commission (FSC) decreed yesterday (Dec. 13) permitting designated banking units (DBUs) to undertake renminbi-related businesses. Following the launch of cross-Taiwan Strait currency ...
Tags: Renminbi Related Businesses, currency, FSC, bank
Taipei, Dec. 12, 2012 (CENS)--People’s Bank of China announced yesterday (Dec. 11) designation of the Taipei branch of the Bank of China (BOC) as the renminbi clearance bank in Taiwan, thereby kicking off the cross-Taiwan Strait ...
Tags: Currency Clearance, currency clearance mechanism, deposit, remittance
Taipei,Oct.1,2012(CENS)--With the new international accounting criteria Basel III scheduled to hit the road next year,the calculation of banks qualified capital will become stricter.According to the initial investigation of the Financial ...
In order to vitalize the stock market,the Executive Yuan(the Cabinet)instructed yesterday(Dec.10)the Financial Supervisory Commission(FSC)to formulate measures encouraging foreign and mainland Chinese investors to invest in Taiwan and relax ...
Tags: stock market, FSC, investors, QDIIs
Taipei,Oct.8,2012(CENS)--The global financial tsunami has shifted the worlda's financial center from Europe and the United States to Asia,hence motivating the Taiwanese government to encourage Taiwanese banks to explore the Asian market,as ...
Tags: Taipei, the global financial tsunami, Financial Supervisory Commission
Taipei,Oct.8,2012(CENS)--Offshore mutual funds in the U.S.sold by domestic financial institutions will be subject to 30%tax levied by the U.S.government,should they fail to sign related agreement with the U.S.according to a Foreign Account ...
Tags: Taipei, the Securities Investment Trust and Consulting Association
Taipei, Dec. 6, 2012 (CENS)--To vitalize the stock market, the Financial Supervisory Commission (FSC) is planning to permit intraday trading in the form of buying before selling the same stock in the same trading session, without ...
Tags: FSC, intraday trading, without restriction, TSE
France-based insurance firm AXA's plans to re-enter Taiwan insurance market were rejected by Taiwan's Financial Supervisory Commission (FSC). AXA's Bermuda-based insurer had submitted its application to FSC in January 2012 to establish a ...
Tags: Axa, insurance, protection-type insurance, Taiwan insurance market, FSC