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nid 92291
Apr 30, 2026
pthandapani@vixio.com
Taiwan
The Executive Yuan Gazette Online
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1265 charsTaiwan's Financial Supervisory Commission Amends Futures Commission Merchant Financial Reporting Regulations
On April 27, 2026, Taiwan's Financial Supervisory Commission (FSC) issued an order amending partial articles of the "Regulations Governing the Preparation of Financial Reports by Futures Commission Merchants."
The amended regulations will govern how futures commission merchants prepare and present their financial reports. The FSC's amendment addresses specific provisions within the existing regulatory framework to ensure futures commission merchants maintain appropriate financial reporting standards and transparency. This update reflects the FSC's ongoing efforts to strengthen financial oversight and ensure compliance within Taiwan's futures market.
The amended regulations will come into force from fiscal year 2028, providing futures commission merchants with sufficient time to implement the necessary changes to their financial reporting procedures and systems. Futures commission merchants operating in Taiwan should review the amended regulations and assess their current financial reporting practices to ensure full compliance ahead of the effective date.
For further information, contact the Financial Supervisory Commission at +886(2)23924146 or [email protected].
**Reference:**
Executive Yuan Gazette Online, Vol. 032 No. 074 (April 27, 2026)
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1885 charsTaiwan's Financial Supervisory Commission Amends Futures Commission Merchant Financial Reporting Regulations
The Financial Supervisory Commission (FSC) of Taiwan has released amendments to its regulations on financial reporting by futures commission merchants.
The regulations prescribe:
Financial reporting definitions and structure mandating that a financial report includes financial statements, detailed schedules of vital accounting items, and other disclosures that assist primary users in decision-making, and requiring financial statements to encompass balance sheets, statements of comprehensive income, statements of changes in equity, and cash flow statements, typically presented on a two-period comparative basis.
Materiality assessments stipulating that information is deemed material if its omission or misstatement could influence users' decisions, with such assessments relying on quantitative factors (e.g., impact amounts) and qualitative factors (e.g., unexpected variations or geographical location).
Statements of comprehensive income classification requiring futures commission merchants to present all recognized income and expenses in a single statement of comprehensive income, classifying recognized income and expenses into operating, investing, financing, income taxes, or discontinued operations categories based on their nature.
Disclosures and detailed schedules stipulating that financial reports must disclose the nature, timing, and uncertainty of revenue and cash flows arising from customer contracts, relevant lease information, and detailed schedules of vital accounting items, such as cash and cash equivalents, financial assets at fair value through profit or loss, and various margin accounts.
Goodwill impairment testing mandating that goodwill recognized in a merger must be reported as a single line item on the balance sheet and tested for impairment at least annually.
The amendments will come into force starting from the 2028 fiscal year.