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Taiwan's National Science And Technology Council Has Published The Draft Bill Of The Basic Act On Artificial Intelligence For...

The rapid development and spread of advanced artificial intelligence (AI) has led to legislative responses around the world to find suitable and adaptable governance measures. On 15 July 2024, the National Science and...more

Good News for Global Fintechs: Proposed Amendment to Taiwan's Act Governing Electronic Payment Institutions Aims to Consolidate...

Two separate legal regimes currently govern Taiwan’s payment institution and electronic money industries: On electronic money, the Act Governing Issuance of Electronic Stored Value Cards (電子票證發行管理條例), promulgated in January...more

FinTech in Taiwan: Regulatory Efforts and The Need For Speed

To encourage financial services industry and the related industry to apply innovative technology for enhancing financial accessibility, practicability, and quality, on May 4, 2017, Taiwan’s Executive Yuan proposed the bill...more

More Flexible and Efficient, with Emphasis on Stakeholder Protection: Taiwan Amends the Business Mergers and Acquisitions Act

On January 8, 2016, an amendment (the “Amendment”) to Taiwan’s Business Mergers and Acquisition Act (the “Act”) has become effective. Through this amendment, the government hopes to encourage M&A activities in Taiwan by...more

Amendment to Taiwan’s Company Act Establishes 'Closely-Held Company Limited by Shares' to Provide Flexibility on Fund-Raising for...

On July 1, 2015, an amendment (Amendment) to the Company Act of Taiwan took effect to establish a new category of company under the new Chapter 13, called “closely-held company limited by shares”, hereinafter, a 'close...more

Taiwan Act Governing Electronic Payment Institutions

On February 4, 2015, Taiwan promulgated the Act Governing Electronic Payment Institutions, and pursuant to the Act, the Financial Supervisory Commission on April 27, 2015 announced a series of enforcement rules of the Act,...more

Snapshot of the Guidelines for Technology Licensing Arrangements of Taiwan’s Fair Trade Commission

As Taiwanese manufacturers rely strongly upon licensed technologies to compete in world markets, Taiwan’s Fair Trade Commission (the “FTC”) issued its Guidelines for Technology Licensing Arrangements on January 20, 2001,...more

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