Taiwan Depository & Clearing Corporation

TDCC has been awarded the rights to host the 19th ACG (Asia-Pacific Central Securities Depository Group) Annual General Meeting in 2015. Established in 1997, the ACG now has 32 members, including central depository and clearing organizations from 23 countries and territories in the Asia Pacific region. In addition to the enthusiastic attendance of ACG members, the annual meeting and related forums also attracts the participation of international clearing/depository organizations interested in development of the Asian market, including the International Central Securities Depositories (ICSDs), SWIFT, international banks and financial information service companies. ACG not only provides an important platform for business exchange and cooperation among Asian central securities depository and clearing organizations, but also has significant influence on the back office infrastructure development of Asian capital markets.

Kung-Wha Ding, Chairman of TDCC, expressed that TDCC has always actively participated in ACG activities and hosted the ACG8 annual meeting in 2004. Since 2005, TDCC has been responsible for the planning, development and maintenance of the ACG official website, constructing a database and exchange platform for ACG members. Over the years, TDCC has completed a number of system upgrades as well as improvement of user interfaces. Its website management efforts are highly praised by all ACG members.

Chairman Ding further pointed out that, in addition to its active participation in ACG activities, TDCC has also performed outstandingly in the international market during these years. Apart from establishing new links with international custody and settlement institutions such as Euroclear and Clearstream, and the provision of registration services for International Bonds and RMB Formosa Bonds to better serve domestic and international investors, TDCC has also achieved significant progress in various business aspects including cross-border information transmission for offshore funds, construction of an international-class cash flow information transmission system and the automation of shareholder services, etc. It is hoped that, by hosting ACG19, TDCC will not only have the opportunity to exchange ideas with major international financial institutions, but also to share its successful experiences in Taiwan with the world.