The update addresses custodial services for foreign currency dividend collection and fund remittance, which involves client asset handling and custody operations typical of investment service providers.
Low confidence — REQUIRES HUMAN REVIEW. While the update involves foreign exchange (FX) and cash-like dividend flows, the primary focus is custodial asset handling rather than FX as a standalone cash-equivalent product.
Specialism
The update establishes regulatory requirements for designated custodians to collect and remit foreign currency dividends, involving foreign exchange account management, reporting obligations, and cross-border fund flows that align with regulatory reporting and foreign exchange control frameworks.
Mandatory inheritance: Regulatory Reporting is a child of Supervision, so Supervision must be raised as the secondary tag.
TITLE: Taiwan's Financial Supervisory Commission Permits Designated Custodians to Collect Foreign Currency Cash Dividends
BODY:
On April 23, 2026, Taiwan's Financial Supervisory Commission (FSC) Securities and Futures Bureau issued regulatory guidance permitting designated custodians to collect foreign currency cash dividends on behalf of overseas Chinese nationals and foreign investors.
Under the Regulations Governing Investment in Securities by Overseas Chinese and Foreigners, overseas Chinese nationals and foreign investors may designate domestic agents to open foreign exchange deposit accounts in the names of custodians at domestic financial institutions. These designated opening agents are limited to domestic securities firms or financial institutions. Funds held in these foreign exchange deposit accounts are not counted as remitted capital. Custodians must report daily to the foreign exchange regulatory authority regarding fund inflows and outflows, and submit monthly statements to the authority by the tenth day of the following month, with data also provided to the Taiwan Stock Exchange for registration.
The FSC guidance clarifies that custodians designated under Article 17 of the Regulations Governing Investment in Securities by Overseas Chinese and Foreigners may now collect foreign currency cash dividends and remit funds to either overseas foreign exchange deposit accounts designated by overseas Chinese nationals and foreign investors, or to domestic foreign exchange deposit accounts opened under the aforementioned provisions.
This directive takes effect immediately and supersedes the FSC's previous guidance issued on July 20, 2004 (FSC Securities Directive No. 0930125763).
**Reference:** Financial Supervisory Commission Securities and Futures Bureau Directive No. 1150381112, April 23, 2026