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FSC to mandate emissions reports - Taipei Times

Steel and cement companies, as well as listed companies whose paid-in capital is higher than NT$10 billion (US$361.69 million) must from next year reveal their greenhouse gas emissions in annual reports, the Financial Supervisory Commission said yesterday.
The 163 companies that fulfill the criteria include Taiwan Cement Corp (台灣水泥), China Steel Corp (中鋼), Taiwan Semiconductor Manufacturing Co (台積電), Hon Hai Precision Industry Co (鴻海精密) and ASE Technology Holding Co (日月光投控), Securities and Futures Bureau Deputy Director Sam Chang (張振山) told a news conference in New Taipei City.
The new regulations would require them to disclose their greenhouse gas emissions and power ....

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Guidelines on data sharing by finance companies unveiled

The Financial Supervisory Commission (FSC) on Thursday issued guidelines on financial institutions sharing data, allowing companies to exchange customer data such as transaction records, account information or Internet protocol (IP) addresses in a bid to boost efficiency and precision marketing, but the sharing would need the customer’s consent, FSC Deputy Chairwoman Jean Chiu (邱淑貞) told a news conference in New Taipei City.
Customers might agree to their data being shared with another financial institution as they would not need to fill out new forms and “know your customer” (KYC) reviews could be completed quicker, Chiu said, citing an example of a ....

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