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FSC adopts the “Fintech Development Roadmap”

In order to shape a friendly fintech development ecosystem, and to uphold the efficiency, accessibility, usability, and quality of financial services, the FSC -- after seeking a wide range of views, studying international trends, and considering practical needs in Taiwan -- on 27 August 2020 issued the Fintech Development Roadmap to serve as the policy guideline for fintech development in Taiwan over the coming three years. The Roadmap includes a total of 60 specific measures addressing 8 main aspects and will be implemented in a phased manner over a three-year period. By adopting a three-level framework (consolidating the foundation; promotion of applications; coordination and collaboration), the FSC will work to maintain a strong legal environment, promote data sharing, and enhance communication channels. The eight main aspects are as follows: a one-stop communication platform; information sharing; regulation adaptation and ethical codes; capacity building; digital infrastructure; development of FinTechSpace ecosystem; international outreach; and supervisory technology.
 
Visitor: 1587   Update: 2020-10-14
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