Taiwan's Financial Supervisory Commission has published draft amendments to Articles 3, 4, and 5 of the Regulations Governing Domestic Branches of Financial Institutions to encourage financial institutions to establish branches in local asset management zones as part of efforts to develop Taiwan as an Asian asset management hub. The proposal would exempt financial institutions establishing branches in local asset management zones from financial and operational conditions and from restrictions on the timing of branch establishment applications. It would also require branches approved for these zones to remain at their location for seven years after establishment unless the competent authority approves relocation. The draft amendments will be published in the Executive Yuan official gazette and on the FSC website, with comments invited within 14 days after the announcement via the FSC Laws and Regulations Retrieving System “Notice of Draft Regulations” page.
Taiwan Financial Services Commission 2025-06-12
Taiwan's Financial Supervisory Commission proposes amendments easing branch approvals in asset management zones and limiting relocation for seven years
Taiwan's Financial Supervisory Commission has proposed amendments to encourage financial institutions to establish branches in local asset management zones, aiming to position Taiwan as an Asian asset management hub. The draft exempts these institutions from certain financial and operational conditions and mandates a seven-year location commitment unless relocation is approved by the authority.