TAIWAN Trends and Developments Contributed by: Robin Chang, Sarah Wu and Eddie Hsiung, Lee & Li
commission merchants did not have a compre - hensive set of outsourcing regulations. However, in August 2023, the FSC officially established a set of outsourcing regulations applicable respectively to securities firms, SITEs and futures commission merchants, providing clearer provisions for the scope and regulations of outsourcing for these entities. • E-payment-related regulations were revised in late 2024 to allow outsourcing of e-payment institution operation to cloud service providers. In the era of AI and digital technology, it is anticipated that there will be an increasing demand for digital transformation in the financial services industry, which may involve AI or other emerging technologies. When making decisions regarding individual outsourcing needs, the financial services industry must consider not only the efficiency, cost savings and information security brought by outsourcing but also the feasibility under the aforementioned regulatory framework, and make decisions based on comprehensive judgement.
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