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FSC amended the “Regulations Governing the Capital Adequacy and Capital Category of Banks,” on basis thereof designated 5 domestic systemically important banks

2020-02-14
“A Framework for Dealing with Domestic Systemically Important Banks,” which was issued by the Basel Committee on Banking Supervision (BCBS) in 2012, requires countries to identify domestic systemically important banks (D-SIBs) and subject them to enhanced supervisory measures. In response to this Framework, the FSC invited the Central Bank, the Ministry of Finance, and the Central Deposit Insurance Corporation to form an ad hoc task force which was instructed to collect information on concrete measures adopted by major nations, to complete an identification framework for D-SIBs in Taiwan, and to devise a set of enhanced supervisory measures. The FSC amended the aforementioned Regulations on December 23, 2019 and issued a set of “Directions Governing the Identifying Indicators and Requirements for D-SIBs” on December 27, 2019. Based on the above, the FSC has designated 5 D-SIBs.
 
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  • Update: 2020-02-14
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