Measures to strengthen the supervision of internet-only banks
Internet-only banks in Taiwan are banks which mainly use internet or other forms of electronic communication channels to provide financial products and services to their customers. Considering the nature of internet-only banks, the FSC will monitor various aspects including liquidity risk management, credit risk management, operational risk management, reputational risk management, corporate governance framework, market competition behavior, and consumer protection.
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- Update： 2020-07-14