To respond to population ageing and a declining birth rate, the FSC on 1 September 2020 launched the Trust 2.0-”The Promotion Plan for Full Functions of Trust Services” to encourage trust enterprises to actively restructure and cultivate professional talent. In addition, Trust 2.0 also seeks to encourage trust enterprises to integrate their internal resources while cooperating with outside entities in other sectors in order to move away from their current over-emphasis on trust services for the purpose of wealth management, and instead develop a comprehensive type of trust business that provides customers with services tailored to their particular needs. Trust 2.0 is set to run for two years, and will include the following key measures: (1) guide financial services firms to gradually elevate the functions of their trust departments and give these departments a more prominent position within their organizational framework; (2) amend the principles for review and adoption of the compensation systems of trust enterprises; (3) ease restrictions on the marketing and promotion of trust business; (4) study the feasibility of development in Taiwan of enterprises that engage exclusively in the trust business; (5) study the possibility of more comprehensive regulation of real estate investment trusts (REITs); (6) coordinate efforts to strengthen the trust mechanism for pre-sale houses; (7) study possible measures to establish and develop a legislative and taxation environment for family trusts; (8) encourage enterprises to establish employee benefit trusts; (9) promote the establishment of a trust business professional accreditation system for Certified Financial Planners for Seniors; (10) promote the establishment of a professional accreditation system for Family Trust Planners; (11) engage in cross-sector cooperation with social service groups, nursing homes, and medical facilities; and (12) conduct evaluations and grant rewards and recognition to trust enterprises and individuals that have performed especially well.