pc
nid 94482
Aug 07, 2026
pthandapani@vixio.com
Taiwan
The Executive Yuan Gazette Online
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1491 charsTaiwan's Financial Supervisory Commission Issues Cross-Industry Collaboration Regulations for Financial Institutions
On August 7, 2026, Taiwan's Financial Supervisory Commission (FSC) issued regulations governing financial institutions collaborating across industries to promote products and provide related services. The regulations became effective immediately upon publication.
The FSC established the regulations to create a standardised framework for financial institutions operating in Taiwan that seek to collaborate with entities outside the traditional financial sector. These cross-industry partnerships enable financial institutions to expand their service offerings and reach new customer segments through coordinated product promotion and service delivery arrangements. The regulations set out the requirements and compliance standards that financial institutions must follow when engaging in such collaborative arrangements.
The directive applies to all financial institutions operating under FSC supervision that participate in cross-industry collaborations. By establishing clear guidelines for these partnerships, the FSC aims to ensure consumer protection, maintain market integrity, and promote fair competition while allowing the financial sector to innovate and adapt to evolving market demands.
The regulations are now in effect as of August 7, 2026, and financial institutions must comply with all stipulated requirements when entering into or continuing cross-industry collaborative arrangements.
**Reference:**
The Executive Yuan Gazette Online, Vol. 032 No. 145 (August 7, 2026)
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1878 charsTaiwan's Financial Supervisory Commission Issues Cross-Industry Collaboration Regulations for Financial Institutions
On August 7, 2026, the Taiwanese Financial Supervisory Commission (FSC) issued an order regarding the cooperative promotion of products or the provision of related services across different financial sectors.
The issued order contains:
Administrative measures detailing that banks, securities firms, futures firms, insurance companies, and insurance broker companies may apply to their respective competent authorities to cooperatively promote products or provide related services if they meet specific financial and operational conditions.
Specific rules mandating that the personnel involved in cooperative promotion must possess the professional qualifications or licenses required by the relevant industry laws and complete registration or enrollment prior to commencing operations.
Regulations prescribing the scope of cooperative promotion items, which include insurance products (e.g., promotion of approved products and receipt of documents), securities products (e.g., agency for domestic funds and opening of brokerage accounts), banking products (e.g., promotion of credit cards), futures products, and specific trust products like insurance money trusts and care trusts.
Provisions outlining that when personnel cooperatively promote another industry's products or services, they must explicitly label and inform the customer about the distinction between the promoted product/service and their own industry's business, as well as whether it is protected by deposit insurance, the insurance guaranty fund, or other relevant protection mechanisms.
Directives establishing that an institution must apply for approval for its first cooperative promotion case; however, subsequent cases do not require further approval unless a new type of financial institution partner or a new cooperative promotion product or service is added.
The order takes immediate effect.