Taiwan's central bank said this past week that it will require complex, high-risk Forex derivative instruments to go through regulatory approval before allowing banks to sell such products to clients, as first reported by Reuters. Currently, some financial products can be sold by banks to their customers without much regulatory oversight. The tightening comes after…
Read moreThe Corporate Governance Center of the Taiwan Stock Exchange (TWSE), directed by the Financial Supervisory Commission (the FSC), in conjunction with the Taiwan Depository Clearing Corp., the Securities Investment Trust & Consulting Association, and the Taiwan Financial Services Roundtable collectively, launched the “Stewardship Principles for Institutional Investors” on 30 June. Institutional investors, including pension funds, insurance companies and investment trusts, are playing an increasingly…
Read moreThe leading online payment services provider in Japan has invested US$1 million in the partnership, in order to further expand its business in the Greater China region.
Read moreApparently, the two new USD/RMB FX futures contracts have successfully gained traction from market participants.
Read moreTaiwan Futures Exchange has launched Taiwan’s first RMB currency futures contracts. The rationale behind the new products is to extend development of Taiwan’s rapidly growing offshore RMB financial services sector
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