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Lee Bok-hyun, governor of the Financial Supervisory Service, urged foreign financial firms Wednesday to prioritize effective risk management in a roundtable meeting with their CEOs in Seoul on Wednesday. "In light of recent domestic and international uncertainties, I urge foreign financial firms to proactively prioritize the firms' soundness and effective risk management," Lee said during the meeting. . ....
Global financial companies operating in overseas markets will be allowed to participate in Seoul s local foreign exchange (forex) market, according to Financial Supervisory Service (FSS) Governor Lee Bok-hyun. This is part of the financial authorities measures to raise the Korean capital market s accessibility to foreign investors. ....
President Tsai Ing-wen (蔡英文) yesterday encouraged the government, the private sector and academia to work together to develop and internationalize Taiwan’s financial sector by cultivating a local talent pool. Speaking at a launch ceremony for National Chengchi University’s (NCCU) College of Global Banking and Finance, Tsai said that sound economic growth had enabled Taiwan to have good credit ratings and report solid foreign exchange reserves, creating a good foundation for the country to develop international finance at a time when the financial industry is becoming more global. On April 29, S&P Global Ratings raised its long-term issuer credit rating for Taiwan from ....
Four universities have applied to the Ministry of Education to establish academies to train talent in key industries, such as a circular economy, smart manufacturing and artificial intelligence (AI). The Act for National Key Fields Industry-University Cooperation and Skilled Personnel Training (國家重點領域產學合作及人才培育創新條例), promulgated in May last year, allows universities to seek industrial partners to establish academies in key fields determined by an interagency committee. In the second wave of applications following the act’s promulgation, National Chengchi University (NCCU) plans to establish an international finance academy, while National Chung Hsing University (NCHU) plans to open an academy on sustainable agriculture and green technology ....