March 9, 2026 - According to Article 12 of the Deposit Insurance Act, deposit insurance covers various types of deposits in Taiwan (including checking accounts, demand deposits, time deposits, deposits required by law to be deposited in certain financial ...

Taiwan but has not been recognized by the Ministry of Economic · Affairs applies to open an onshore (DBU) account, are relevant · documents under these Rules still required when the bank

This legislation governs foreign exchange-related activity, which is regulated by the Central Bank of the Republic of China (Taiwan) (CBC). Such laws and regulations also govern banks’ business operations involving foreign exchange.

This country-specific Q&A provides an overview of Banking & Finance laws and regulations applicable in Taiwan · In Taiwan, the Financial Supervisory Commission (FSC) is the government body regulating all financial products and services. There are four bureaux established under the FSC, ...

7F., No.7, Sec. 2, Xianmin Blvd., Banqiao Dist., New Taipei City 220230, Taiwan(R.O.C) Tel：886-2-8968-9999 accessible website level A

2. The write-off bad debt information of the same customer whose non-performing debts have been written off and the cumulative amount of write-off bad debts exceeds fifty million New Taiwan Dollars (NT$50,000,000), or whose cumulative amount of write-off bad debt of the same customer within half a year after the loan was made exceeds thirty million New Taiwan Dollars (NT$30,000,000).

Resident entities are permitted to hold convertible foreign currency bank accounts domestically · and outside Taiwan.

May 3, 2023 - the Banking Act of Taiwan, which provides rules on conducting banking business, including the setting up and dissolution of banks; general business scope of various types of banks; compliance requirements; business restrictions; etc.

The business activities of a financial institution in Taiwan Area with any individuals, juristic persons, organizations, other institutions in Mainland Area or their branches in any country and area outside Mainland Area shall be governed by these Regulations.

7F., No.7, Sec. 2, Xianmin Blvd., Banqiao Dist., New Taipei City 220230, Taiwan(R.O.C) Tel：886-2-8968-9999 accessible website level A

ticle 4 of the Act for Offshore Banking Operations. There are no limitations · on loans of foreign currencies to and from non-residents. Certain limitations · on participation by residents in this market are imposed, however, since the · domestic foreign exchange controls in Taiwan are still in effect.3

Self-Regulatory Rules for Offshore Banking Units Accepting Account Opening by Offshore Customers and Investing in Trust Products on Behalf of Offshore Customers

To align with the foregoing global requirement, Ministry of Finance (“MOF”) issued the ‘Regulations Governing the Implementation of the Common Standard on Reporting and Due Diligence for Financial Institutions’ and the relevant local rules (collectively, the “Regulations”).

April 4, 2019 - In addition, Taiwan’s FHCA generally requires that if a person (including related parties) concurrently has a ‘controlling interest’ in at least two types of business entities (being a bank, a securities firm or an insurance company), the person should apply to the FSC for setting up a financial holding company (to indirectly hold stakes in the bank, securities firm or insurance company), subject to certain exceptions.

The CBC is mandated by the Banking Act and the Central Bank of the Republic of China (Taiwan) Act to implement monetary policy and foreign exchange regulations.

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April 16, 2025 - Banking Regulation: Taiwan - In-Depth: Banking Regulation (formerly The Banking Regulation Review) is an annual survey of the most important developments in banking regulation in the most significant jurisdictions worldwide. It provides high-level insight across the gamut of the legal and regulatory requirements applicable to banks, including prudential regulation, rules governing the conduct of business, funding, control and transfers of banking business and much more.

The Banking Act sets forth general regulations that govern the banking business, protect depositors, facilitate the development of enterprises and coordinate banks' operations within the national financial policy of Taiwan. The Financial Holding Company Act regulates the establishment and ...

The Common Reporting Standard (“CRS”) is a new information-gathering and reporting requirement for financial institutions in participating countries/jurisdictions, to help fight against tax evasion and protect the integrity of tax systems. To align with this global requirement, Ministry of Finance (“MOF”) issued the ‘Regulations Governing the Implementation of the Common Standard on Reporting and Due Diligence for Financial Institutions’ and the relevant local rules (collectively, the “Regulations”) for all financial institutions.

This endpoint marks completion of a global ISO 20022 program designed to assist all banks and financial institutions in adopting the standard for payments and reporting exchanges. Full compliance deadline for all wire transaction participants to provide town and country information in structured ...