The International Financial Services Centres Authority (“ IFSCA ”), via its press release dated December 05,2025, has announced the execution of an MoU with Financial Supervisory Commission (“ FSC ”) Taiwan.
The key aspects of the MoU are summarised below:
- IFSCA and the FSC Taiwan have signed a Memorandum of Understanding (MoU) to strengthen regulatory cooperation in areas of mutual interest.
- The MoU was signed by Shri K. Rajaraman (Chairperson, IFSCA) and Dr. Yen Liang Chen (Vice Chairperson, FSC).
- It was virtually exchanged and operationalized on 3 December 2025 during the 18th India–Taiwan Economic Consultations (“ ITEC ”).
- The MoU provides for sharing of information on recent trends and best development and regulatory practices, financial market trends and business structures.
- It facilitates the sharing of information on recent trends and best practices in development, regulatory and business structures in the financial markets in the respective jurisdictions.
- It also aims to promote the fitness and properness of licensed/registered persons and ensure high standards of integrity and fair dealing in financial services.
- The MoU enhances cooperation in enforcement of laws, rules, and regulations relating to financial products, services, and institutions in both jurisdictions.
- It also includes collaboration and information sharing on the use of technology, financial innovation, FinTech, and RegTech within financial markets.
A copy of the Press Release is attached herewith for your ready reference.
Source category: IFSC Insurance Office
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