TITLE: Taiwan's Financial Supervisory Commission Banking Bureau Issues Cross-Industry Product Promotion Regulations
BODY:
On August 7, 2026, Taiwan's Financial Supervisory Commission Banking Bureau issued administrative regulations governing financial institutions' cooperation in promoting products and services from other financial sectors. The regulations, issued under reference number 金管銀票字第11502719056號, establish a framework allowing banks (including credit cooperatives), securities companies, futures companies, insurance companies, and insurance brokers to collaborate on cross-industry product promotion.
Financial institutions seeking to promote products or services from other sectors must meet specified conditions, including sound financial position, business operations, and internal controls. Banks must maintain capital adequacy ratios compliant with applicable regulations and avoid significant enforcement actions within the preceding six months. Securities companies must maintain capital adequacy ratios of at least 150 percent, while futures companies must maintain adjusted net capital ratios of at least 20 percent relative to customer margin requirements. Insurance companies must comply with capital adequacy standards under insurance law, and insurance brokers must avoid major penalties within the preceding year.
Personnel engaged in cross-industry promotion must possess professional qualifications or licenses required under relevant legislation. The regulations specify permissible products and services, including insurance products, securities and funds, credit cards, futures services, and insurance trust and elderly care trust products. Financial institutions must obtain initial approval from the Financial Supervisory Commission for their first cross-industry cooperation arrangement; subsequent expansions into new financial institution categories or product lines require additional approval.
The regulations require clear disclosure distinguishing promoted products from the institution's own offerings and informing customers of applicable protections. Financial institutions must obtain written customer consent before sharing customer data with partner institutions. The regulations took effect immediately upon issuance, superseding previous guidance issued December 17, 2025.