Financial hub goals ahead of schedule: FSCCARVING A NICHE: While Taiwan trails Singapore and Hong Kong in some areas, it has unique advantages such as world-class technology, FSC Chairman Peng saidBy Crystal Hsu / Staff reporterTaiwan’s bid to become a leading Asian asset-management hub is gathering momentum, with assets under management climbing more than NT$4 trillion (US$127 billion), reaching a key two-year milestone ahead of schedule, Financial Supervisory Commission (FSC) Chairman Peng Jin-lung (彭金隆) said yesterday. “Thirty years ago, we could only imagine it,” Peng said at a financial competitiveness forum in Taipei. In July, the FSC launched a dedicated asset-management zone in Kaohsiung, permitting 38 types of financial services. Taiwan introduced the Taiwan Individual Savings Account (TISA) mechanism in July to encourage long-term investment habits and support financial planning for Taiwanese amid an aging population. So far, 22 fund houses offer 37 TISA-qualified funds, attracting more than 60,000 accounts in just three months, Peng said.

Source: Taipei Times December 23, 2025 16:46 UTC