pc
nid 91811
Apr 09, 2026
pthandapani@vixio.com
Taiwan
Financial Supervisory Commission (FSC) - Securities Bureau - Press releases
financial services
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2102 charsTaiwan's Financial Supervisory Commission Expands High-Net-Worth Client Services for Securities Firms
On April 7, 2026, Taiwan's Financial Supervisory Commission (FSC) announced amendments to the Rules Governing Securities Firms' Entrustment Trading of Foreign Securities and the Matters to Note for Securities Firms Engaging in Wealth Management Business. The amendments aim to support Taiwan's development as an Asia-Pacific asset management centre by expanding high-net-worth client services offered by securities firms.
The FSC has completed the regulatory announcement phase and will implement the amendments shortly. The modifications align with the FSC's March 3, 2026 amendments to the Regulations Governing Financial Products and Services Applicable to High-Net-Worth Customers for Banks. Key changes include relaxing eligibility requirements for securities firms applying to conduct high-net-worth client business by removing net worth restrictions and specific capital recruitment commitments. New requirements include stipulations that firms must have no accumulated losses and comply with relevant supervisory ratios under securities firm management rules, such as debt-to-equity ratios.
The amendments also expand the sales targets for offshore structured products issued by securities firms' overseas subsidiaries to include professional investors and their legal entities or funds, beyond the existing high-net-worth customers, professional institutional investors, and high-net-worth investment entities. Additionally, securities firms may now provide foreign currency-denominated structured financial bonds issued by domestic banks to professional investors through trust arrangements for wealth management services.
The FSC emphasised that while removing net worth restrictions from application requirements, it will continue assessing financial soundness, including net worth, during the application process and will implement tiered management of high-net-worth client business based on business development. These regulatory changes aim to enhance securities firms' competitiveness in high-end wealth management markets and expand investment and talent development opportunities.
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2102 charsTaiwan's Financial Supervisory Commission Expands High-Net-Worth Client Services for Securities Firms
On April 7, 2026, Taiwan's Financial Supervisory Commission (FSC) announced amendments to the Rules Governing Securities Firms' Entrustment Trading of Foreign Securities and the Matters to Note for Securities Firms Engaging in Wealth Management Business. The amendments aim to support Taiwan's development as an Asia-Pacific asset management centre by expanding high-net-worth client services offered by securities firms.
The FSC has completed the regulatory announcement phase and will implement the amendments shortly. The modifications align with the FSC's March 3, 2026 amendments to the Regulations Governing Financial Products and Services Applicable to High-Net-Worth Customers for Banks. Key changes include relaxing eligibility requirements for securities firms applying to conduct high-net-worth client business by removing net worth restrictions and specific capital recruitment commitments. New requirements include stipulations that firms must have no accumulated losses and comply with relevant supervisory ratios under securities firm management rules, such as debt-to-equity ratios.
The amendments also expand the sales targets for offshore structured products issued by securities firms' overseas subsidiaries to include professional investors and their legal entities or funds, beyond the existing high-net-worth customers, professional institutional investors, and high-net-worth investment entities. Additionally, securities firms may now provide foreign currency-denominated structured financial bonds issued by domestic banks to professional investors through trust arrangements for wealth management services.
The FSC emphasised that while removing net worth restrictions from application requirements, it will continue assessing financial soundness, including net worth, during the application process and will implement tiered management of high-net-worth client business based on business development. These regulatory changes aim to enhance securities firms' competitiveness in high-end wealth management markets and expand investment and talent development opportunities.