On December 05, 2025, the International Financial Services Centres Authority (“IFSCA”) and the Financial Supervisory Commission (“FSC”), Taiwan have entered into a Memorandum of Understanding (“MoU”), to formalise regulatory cooperation in areas of mutual interest relating to financial markets and financial services.[1]
The MoU was signed by Shri K. Rajaraman, Chairperson, IFSCA, and Dr. Yen-Liang Chen, Vice Chairperson of the FSC, and was virtually exchanged and operationalised on 3 December 2025, on the sidelines of the 18th India-Taiwan Economic Consultations (ITEC).
Key Objectives of the MoU
The MoU seeks to establish a structured framework for cooperation between the 2 (two) regulators, with the following key objectives:
- Information Sharing: Exchange of information on recent trends, best practices, and developments in regulatory frameworks, financial market structures, and business models in their respective jurisdictions.
- Regulatory Integrity: Promotion of fitness and properness of licensed or registered persons, and fostering high standards of fair dealing, market conduct, and integrity.
- Enforcement Cooperation: Facilitation of cooperation in the enforcement of laws, rules, and regulations governing financial products, financial services, and financial institutions.
- Technology and Innovation: Sharing of insights on the application of technology, including financial technology (FinTech) and regulatory technology (RegTech), in financial markets.
[1]https://ifsca.gov.in/CommonDirect/GetFileView?id=38fea9cc5969551d78bf00e670421c2a&fileName=Press_Release_MoU_with_FSC_Taiwan_Dec_2025_20251205_0656.pdf