[Finance] Sharing the Fruits with Society: Peng Jin-lung to Announce "Financial Great Feedback" Guidelines in July
bellala 央廣7h agoEdited
The Financial Supervisory Commission (FSC) held its regular press conference today (16th). Coinciding with the Dragon Boat Festival, FSC Chairman Peng Jin-lung had a brief discussion with the media. He stated that Taiwan's financial industry has delivered outstanding results in the past. To share the fruits of growth with society, the "Financial Great Feedback" guidelines being studied are nearing completion and are expected to be officially released in July. Additionally, the "Kaohsiung Asset Management Special Zone" of the Asia-Pacific Investment Management Center has achieved good results, and its trial period will be extended by one year to June 30 next year. #Please listen to reporter Chen Lin-hsing-hung's report#
"Financial Great Feedback" is a policy initiative launched by FSC Chairman Peng Jin-lung, aiming to encourage financial institutions to break free from traditional rigid frameworks and substantially return their operating results to employees, vulnerable customers, and the general public. To implement this concept, major financial holding companies, banks, and insurance companies have successively established dedicated zones and launched diverse innovative feedback actions in line with the FSC's direction.
Peng Jin-lung revealed on the 16th that the FSC has almost completed its study on the "Financial Great Feedback" guidelines and will conduct final communication with financial institutions soon, with an expected official release in July. Peng Jin-lung said: "(Original sound) We hope to join hands with our industry to not only develop the financial sector but also to consider social trust and investment in social feedback. I think this is very important."
Furthermore, according to FSC statistics, since the "Principles for Financial Institutions Applying to Enter Local Asset Management Special Zones for Trial Operations" were released on April 1, 2025, 57 financial institutions have been approved to enter the Kaohsiung Special Zone for trial operations. Peng Jin-lung also stated that to give institutions more time to improve their internal controls and risk management, the FSC has accepted industry suggestions to extend the trial period for various business items in the "Kaohsiung Asset Management Special Zone" for financial institutions until June 30 next year, and will simultaneously postpone the reporting deadline for trial results and audit unit inspection outcomes.
In addition, the special zone will further "expand" the scope of trial items in the future, with preliminary assessments covering three major directions: expanding the scope of cross-border banking services to include domestic high-net-worth clients; relaxing the "99-investor limit" for offshore funds that are not investment trust funds or when introducing private equity funds; and opening "dedicated accounts for prepaid premiums" for insurance products. Peng Jin-lung also indicated that these expanded or new directions will be announced as soon as possible in July.
Source Link: https://www.rti.org.tw/news?uid=3&pid=214890
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