Reported 8 months ago
Since taking office, Financial Supervisory Commission Chairman Peng Jinlong has announced the results of the first phase of the 'Regulatory Adaptation Plan for Innovative Actions,' approving eight areas of opening up and streamlining, with more to come. Peng aims to establish a financial market that balances security and development, strengthening financial resilience and risk management while promoting innovation and pushing Taiwan to become an asset management center in Asia. This includes measures such as easing regulations on online banks, simplifying bond issuance processes, and promoting sustainable financial development.
Source: YAHOO