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E-payment across systems might start next quarter
By Kao Shih-ching / Staff reporter
Users of different electronic payment services, such as those by Jkopay Co (街口支付) and Line Pay Money, would from next quarter be able to transfer money across systems via a new platform, the Financial Supervisory Commission said on Thursday.
The commission announced that amendments to the Act Governing Electronic Payment Institutions (電子支付機構管理條例) are to take effect from July 1, allowing money transfers across different e-payment providers.
The commission has assigned the Financial Information Service Co (財金公司) to set up a virtual platform to enable the transfer, with state-run Taiwan Cooperative Bank (合庫銀行) assigned to address the flow of funds between different e-payment companies, it said.
FSC tells firms to postpone annual meetings
UNPRECEDENTED: The move to delay shareholders’ meetings marked the first time the commission had imposed such a measure, but follows discussions with the CECC, it said
By Kao Shih-ching / Staff reporter
The Financial Supervisory Commission (FSC) yesterday told publicly traded companies to postpone their annual shareholders’ meetings from Monday next week to the end of next month to curb public gatherings amid a surge in COVID-19 infections.
A total of 1,931 companies had planned to convene their shareholders’ meetings during the period, but the FSC has made it mandatory for them to delay the events to July or August, it said.
More than 200 finance firms allow working from home
By Kao Shih-ching / Staff reporter
A total of 236 financial companies have adopted work-from-home programs, nearly double the 124 firms that had done so as of Monday, amid a surge in COVID-19 infections, Financial Supervisory Commission data showed yesterday.
The number of securities investment trust and consulting companies that allow telecommuting grew threefold from Monday, as most of their staff do not need to interact with customers in-person, the commission said.
The commission has talked with local insurers about the issue and would allow them to use software such as mobile apps to enable sales agents to talk with customers through videoconference, it said.