pc
nid 94103
Jul 20, 2026
pthandapani@vixio.com
Taiwan
The Executive Yuan Gazette Online
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1426 charsTaiwan's Financial Supervisory Commission Amends Fraud Crime Prevention Regulations for Virtual Asset Service Providers
On July 20, 2026, Taiwan's Financial Supervisory Commission (FSC) published an amendment to the "Regulations Governing Fraud Crime Hazard Prevention by Financial Institutions and Businesses or Personnel Providing Virtual Asset Services."
The amendment updates regulatory requirements for fraud crime prevention applicable to financial institutions and entities or individuals providing virtual asset services. The FSC established these regulations to establish standardised hazard prevention measures across the financial sector and virtual asset service providers, addressing the growing risks associated with fraud in these industries. The update reflects the FSC's commitment to strengthening consumer protection and maintaining the integrity of Taiwan's financial system as virtual asset services continue to expand.
Financial institutions, virtual asset service providers, and relevant personnel must review the amended regulations to ensure compliance with the new requirements. The amendment became effective on July 20, 2026. Entities subject to these regulations should implement necessary operational and procedural changes to align with the updated fraud prevention standards. For further information or clarification on the specific amendments, stakeholders can contact the FSC at +886(2)23924146 or via email at [email protected].
**References:**
Executive Yuan Gazette Online, Vol. 032 No. 131 (July 20, 2026)
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1432 charsTaiwanese Financial Supervisory Commission Amends Fraud Crime Prevention Regulations for Virtual Asset Service Providers
On July 20, 2026, the Taiwanese Financial Supervisory Commission issued the Regulations Governing Anti-Fraud Measures for Financial Institutions and Virtual Asset Service Providers.
The issued regulations contain:
Administrative measures detailing the criteria for identifying suspicious transactions across deposit, electronic payment, credit card, and virtual asset accounts, and establishing a centralized anti-fraud platform for information sharing.
Specific rules mandating that institutions must implement enhanced customer due diligence, suspend relevant transaction functions, and block or earmark suspected fraudulent funds upon identifying abnormal activity or receiving alerts.
Regulations prescribing a mandatory obligation to preserve customer identity verification documents, contract files, and comprehensive abnormal transaction records to facilitate the reconstruction of individual illicit activities for evidence.
Provisions outlining the duty of financial institutions and virtual asset service providers to maintain a 24-hour joint defense reporting mechanism to actively trace, notify, and intercept fraudulent transfers across multiple entities.
Directives establishing the detailed procedures for identifying victims and sequentially returning the remaining blocked funds or virtual assets upon receiving written notification from law enforcement agencies.
The regulations enter into immediate effect.