Taiwan's top financial regulator has no plan to impose strengthened risk control rules for Taiwan banks and insurers exposed to the Chinese real estate market due to high loan loss provisions, two sources briefed on the matter said on Tuesday. China has been battling to contain a worsening property sector crisis, including a cash crunch for Country Garden, its top private developer, and revive a faltering recovery in the world's second-largest economy. Taiwan's Financial Supervisory Commission (FSC) has not recommended any additional measures to limit exposure risks for its lenders and insurers but is closely monitoring developments in China's real estate sector, the sources told Reuters.
TAIPEI (Reuters) - Taiwan's top financial regulator has no plan to impose strengthened risk control rules for Taiwan banks and insurers exposed to the Chinese real estate market due to high loan loss provisions, two sources briefed on the matter sa.
Taiwan s top financial
regulator has no plan to impose strengthened risk control rules
for Taiwan banks and insurers exposed to the Chinese real estate
market due to high loan loss provisions, two.
Taipei Exchange Launches Pioneer Stock Board to Support Innovative Enterprises
The Taipei Exchange, TPEx, launched Pioneer Stock Board (PSB) on July 20, 2021, which welcomed its first company on July 26. Pioneer Stock Board marks the evolution of the stock market into an innovation-friendly ecosystem. It aims to facilitate entry to capital markets for more innovative enterprises.
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Taipei Exchange launches Pioneer Stock Board to support innovative enterprises (Photo: Business Wire)
At the PSB Launch Ceremony, Premier Su Tseng-chang delivered the opening speech, emphasizing the government s support. Su said, Taiwan s capital market breaks new ground today, by establishing this board. PSB will support innovative enterprises, a key driver of economic transformation, by providing companies with quick access to capital needed for continued growth. Dr. Tien-mu
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