The International Financial Services Centres Authority (IFSCA) and the Financial Supervisory Commission (FSC) Taiwan have entered into a Memorandum of Understanding (MoU) to formalize regulatory cooperation in identified areas of mutual interest. 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 operationalized on December 03, 2025, as part of the 18th INDIA–TAIWAN Economic Consultations (ITEC). The objective of the MoU is to facilitate information sharing on recent trends and best practices in development, regulatory and business structures in the financial markets, to promote and secure the fitness and properness of licensed/registered persons, and to promote high standards of fair dealing and integrity. It will also facilitate the enforcement of laws, rules, and regulations for financial products, services, and institutions. Furthermore, it will encompass the sharing of information about technologies, innovations, financial technology, and regulatory technology in the financial markets. The announcement was made in Gandhinagar on December 05, 2025.
Key Entities Referenced
Memorandum of Understanding (MoU): Formalizes regulatory cooperation between IFSCA and FSC Taiwan.
International Financial Services Centres Authority (IFSCA): One of the parties entering into the MoU.
Financial Supervisory Commission (FSC) Taiwan: One of the parties entering into the MoU.
Gandhinagar: Location where press release originated
PRESS RELEASE
IFSCA executes MoU with Financial Supervisory Commission Taiwan
The International Financial Services Centres Authority (‘IFSCA’) and the Financial
Supervisory Commission (FSC) Taiwan have entered into a Memorandum of
Understanding (MoU) to formalize regulatory cooperation in identified areas of mutual
interest. The MoU was signed by Shri K Rajaraman, Chairperson, IFSCA and Dr. Yen-
Liang Chen, Vice Chairperson of the FSC. The MoU was virtually exchanged and
operationalized on December 03, 2025, as part of the 18th INDIA –TAIWAN Economic
Consultations (ITEC).
The objective of the MoU is to facilitate the sharing of information on recent trends and
best practices in development, regulatory and business structures in the financial
markets in the respective jurisdictions as well as to promote and secure the fitness
and properness of licensed or registered persons and to promote high standards of
fair dealing and integrity in conduct of business. In addition, the MoU will also facilitate
the enforcement of laws, rules, and regulations governing financial products, financial
services, and financial institutions within their respective jurisdictions. Furthermore,
the MoU will encompass the sharing of information about application of technologies,
innovations, financial technology and regulatory technology in the financial markets in
the respective jurisdictions.
Gandhinagar
December 05, 2025