Reported 11 months ago
Weiqiaoyi/Taipei Report: On June 21, 2024, at 4:10 pm, Financial Supervisory Commission Chairman Peng Jinlong aims to make Taiwan Asia's asset management center, with specific plans expected to be presented in August. Peng stressed the need for five key infrastructure developments for success. The Banking Bureau director Chuang Chiuyuan revealed plans to relax more restrictions on financial management and private banking products, including premium financing, policy loans, and speeding up new product approvals. Initiatives include enhancing professional manpower, exchange rate controls, attractive tax systems, communication environments, and flexible organizational structures.
Source: YAHOO