As Taiwan’s crypto market grows, regulators are moving away from a light-touch approach to prevent fraud and protect investors. New legislation aims to tighten oversight of digital asset firms and bring stability to the evolving sector.
Taiwan is positioning itself as a regional asset management hub with the launch of the Financial Supervisory Commission’s (FSC) Asia Asset Management Center initiative. With a booming ETF market, regulatory easing, and plans for localized asset management zones, the initiative aims to attract investment, retain capital, and enhance Taiwan’s financial competitiveness amid regional shifts.
Taiwan’s push to become a regional asset management hub has seen modest progress, with growth largely limited to domestic banks. While the Lai administration is accelerating deregulation and promoting Kaohsiung as a financial hub, experts say further reforms are needed to attract foreign capital and compete globally.
In the past year, positive steps have been taken by the Financial Supervisory Commission (FSC) to build a better business environment and stimulate financial product innovation in Taiwan. In the newly published 2017 Taiwan White Paper, the Asset Management Committee of the American Chamber of Commerce in Taipei commends these reforms. The Asset Management Committee…
