Cross-strait financial businesses
1. According to the "Regulations Governing the Banking Activity and the Establishment and the Investment by Financial Institution Between the Taiwan Area and the Mainland Area," the "Regulations Governing Permission and Administration of Securities and Futures Business Dealings and Investment Between the Taiwan Area and the Mainland Area," and the "Regulations Governing Permission of Insurance Business Transactions and Investment Between the Taiwan Area and the Mainland Area" amended on 16 March 2010, financial institutions on either side of the Taiwan Strait are allowed to engage in cross-strait equity investments, banks are allowed to establish branches on the other side of the Taiwan Strait, and securities, futures, and insurance enterprises are allowed to set up representative offices on the other side of the Taiwan Strait. Subsequently, on November 5, 2014 and March 17, 2023, the regulations were further refined to govern domestic insurance companies and securities and futures companies, respectively, in establishing subsidiaries in mainland China. The provisions also set forth comprehensive mechanisms for pre-approval examination, risk control, and post-approval monitoring and management.
2. Financial services firms' cross-strait presence
Banking Enterprises:
A total of 16 banks (First Commercial Bank, Cathay United Bank, Chang Hwa Bank, Land Bank of Taiwan, Taiwan Cooperative Bank, Hua Nan Commercial Bank, Mega International Commercial Bank, Bank of Taiwan, E.SUN Commercial Bank, CTBC Bank, Taiwan Business Bank, Bank SinoPac, Taipei Fubon Bank, Shanghai Commercial & Savings Bank, O-Bank, and Taishin International Bank) have received the FSC's approval to set up branches or subsidiaries in mainland China. In addition, three mainland Chinese banks (the Bank of China, the Bank of Communications, and China Construction Bank) have established branches in Taipei, and two mainland Chinese banks (the Agricultural Bank of China, and China Merchants Bank) have opened two representative offices in Taipei.
At the end of May 2026, all the banks with branches in mainland China (First Commercial Bank, Land Bank of Taiwan, Taiwan Cooperative Bank, Hua Nan Commercial Bank, Mega International Commercial Bank, Bank of Taiwan, CTBC Bank, and Taiwan Business Bank), as well as the banks with subsidiaries in mainland China (Taipei Fubon Bank, SinoPac Bank, and E.SUN Bank), are conducting comprehensive RMB business.
Securities and Futures Enterprises:
One securities firm and one futures firm have acquired equity stakes in a mainland Chinese securities company and a mainland Chinese futures company, respectively. Four Securities Investment Trust Companies (SITEs)—Fubon, Yuanta, Cathay, and SinoPac—have acquired equity stakes in mainland Chinese investment management companies. Additionally, five Taiwanese securities firms have established a total of seven representative offices in mainland China.
Insurance Enterprises:
Seven Taiwan insurers (Cathay Life Insurance, Cathay Century Insurance, Shin Kong Life Insurance, Taiwan Life Insurance, China Life Insurance, Fubon Life Insurance, and Fubon Insurance) received the FSC's approval to make strategic equity investments and have already completed investments in mainland China. In addition, five domestic insurers have established five representative offices in mainland China.
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- Update： 2026-07-16
