1.Open up new financial products and services for wealth management business for high- asset customers: The FSC has formulated a draft set of the “Regulations Governing Banks Conducting Financial Products and Services for High-Asset Customers.” These Regulations allow eligible banks to provide a variety of wealth management products and services to high-asset customers. 

2.Open up a wider variety of financial products and investment channels: deregulatory measures include (1) for high-net-worth customers seeking to purchase foreign securities via a securities firm, a relaxation of requirements regarding foreign bond ratings has been proposed; (2) REITs will be allowed to be issued under a fund structure; (3) leverage transaction merchants will be allowed to provide ordinary individual customers with trading services involving contracts for difference (CFD) linked to crude oil and gold prices; (4) leverage transaction merchants will be allowed to provide non-delivery forward (NDF) trading services not involving NT dollar NDFs; (5) foreign firms possessing specified qualifications will be allowed to take foreign currencies which they hold and pledge them as security to obtain financing from securities firms; (6) foreign-currency-denominated investment-linked insurance products under discretionary management can be used to invest in domestic equity funds issued by securities investment trust enterprises; and (7) the procedures for private placement of offshore funds have been simplified.

3.Expand the business scope of financial institutions: deregulatory measures include (1) securities firms will be allowed to handle margin purchasing of foreign securities; (2) banks and securities firms will be allowed to engage in trades with overseas affiliated enterprises; (3) securities firms will be allowed to manage private equity funds; and (4) OSUs will be allowed to conduct lending of funds for unrestricted purposes.