Peng Chin-long Agrees to Lead FSC after Considering for Just One Night, Hopes to Change Taiwan's Financial Market

Reported about 1 year ago

At the one-month mark of his tenure as the chairman of the Financial Supervisory Commission (FSC), Peng Chin-long outlined his vision to establish a new financial market that balances 'safety' and 'development' and focuses on two key foundations and six policy directions. Peng revealed that he accepted the position with only one night to consider, given his 20 years of research in the field and his desire to bring about changes in the financial market. He emphasized strengthening financial industry resilience and risk management, promoting market discipline and enhancing corporate governance, among other initiatives to improve Taiwan's financial market. Peng also highlighted the equal importance of different sectors and announced plans to prioritize insurance policies in the coming years.

Source: YAHOO

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