Q&A: Taiwan’s finance watchdog on Tarfs and deregulation

Tseng defends FSC’s mix of looser rules and restrictions on derivatives

William Tseng
FSC chair William Tseng

Two waves of import substitution between the 1950s and 1970s supercharged the expansion of Taiwan's light and then heavy industries, making it one of Asia's four tiger economies that grew at annualised rates in excess of 7% during that period. Now the country is repeating the same trick with its financial sector in a move that has major implications for both global banks and local players active in one of the region's most sophisticated derivatives markets.

The result of this policy has mostly

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: