Taiwan Depository & Clearing Corporation

TDCC has been cultivating the digital finance environment in Taiwan, and some substantial encouraging outcomes can be easily observed in the past years. With business becoming more mature, 2018 proved to be a record-breaking year and marked strongest performance in company history.

TDCC has been supporting the authorities to implement the Corporate Governance Roadmap - improving the shareholder activism and facilitating electronic voting system for nearly a decade. In 2018, about 1,700 listed companies in total have adopted the e-voting system, considering “STOCKVOTE” their primary instrument to cast votes. This is a remarkable milestone for Taiwan in Corporate Governance.

As for cultivating the digital finance environment in Taiwan, TDCC released ePASSBOOK 2.0 app in November 2018 with four major features – integrated asset portfolio, cloud transaction statement, personalized push notification, and stock information enquiry. All have received positive reviews for enabling investors to access and grasp related statistics freely, without constrain of time nor space. As of now, 500,000 users have been enjoying the benefits of ePASSBOOK 2.0, and the number is still growing. In terms of fund business, the Fund Clear Platform has successfully integrated both onshore and offshore fund information portals in 2018. Investors now can take full advantage of this service through TDCC’s website and inquire all data from the market, offshore or otherwise. The average number of visits reaches 40,000 on a monthly basis since the launch of the new service.

Moreover, TDCC has been assiduously endeavoring to better meet market demands. The new Securities Depository System was launched in 2018, strengthening core business data system and shortening data processing time.

In the aspect of globalization, TDCC, with the supports from ACG members, successfully set up the "Investor Services Task Force". From that point forth, TDCC will proactively enhance cooperation among ACG members to further strengthen Asia’s global competitiveness via Taiwan.

With regards to coordinating with the authorities in regulating and supervising the market, TDCC complied an Anti-Money Laundering and Countering Terrorist Finance Inquiring database to comply with the request from Ministry of Justice in 2016. Two years later, in collaboration with the Ministry of Economic Affairs, the Company Transparency Platform was set up to fulfill our obligations in anti-money laundering and countering terrorist finance.

On the matter of social concern and corporate social responsibility (CSR), TDCC has been a long time advocate of disseminating financial education, consulting job placement, supporting for remote and underprivileged groups and sponsoring athletes. TDCC has been hosting the annual charitable blood donation drive for several consecutive years. In 2018, we extended our social welfare involvements further into arts and supported the making of a documentary in traditional Taiwanese glove puppetry. TDCC also held a contest in contemporary art appreciation so that talented young artists can be acknowledged. At the same year, we completed and published the very first internationally credited CSR report and it was granted with the Corporate Citizen Award (CommonWealth Magazine, Taiwan) and Taiwan Corporate Sustainability Awards.

For the coming year, TDCC will carry on our mission to excel in meeting the diversified market demands with technology innovations. TDCC will refine the integrated information in our ePASSBOOK app, and improve the mobility of our services. For example, the upgraded Fund Clear platform is based on all the existing data and utilizes Fintech and intelligent software. Henceforth, the statistics of fund of all aspects are now made available in the platform. All the market information can be presented in clear and intuitive ways such as integrated graphics and charts, so that investors can receive market information in a real-time basis.

As for the conformity to the guidelines of improving shareholder activism under Corporate Governance Roadmap, the integrated platform for company-investor relation is also activated this year, hence, the transparency of corporate governance intensified, the channel of communication unhampered and the standard of corporate governance in Taiwan elevated. What’s more, foreign investors may be encouraged to take part in Taiwan market, so the momentum of the stock market will be greatly increased.

Additionally, to be in sync with the authority’s provision, the construction of Experimental Platform for Pension Fund Investment, a close collaboration between TDCC and Fund Rich Securities, is in full swing in hopes of encouraging our investors to prepare their lives after retirement with long term and early planning.

"Both Business Value and Social Value are equally significant to us," stated TDCC Chairman & CEO, Mr. Sherman Lin. In the future, TDCC will emphasize the sustainable development to create innovative business models, and leverage grand spill-over benefits with the applications of big data and the added values from platform economics, TDCC is also upholding the belief of“Giving Back to Society What Society Gave Us”, and participating in charities and philanthropic events in order to fulfill our responsibilities to the society.

TDCC Chairman & CEO Mr. Sherman Lin speaks in a press conference.