Taiwan Depository & Clearing Corporation

In response to the FSC's initiative to promote the Asian Asset Management Center policy, TDCC is committed to enhancing the quality and efficiency of asset management services. Chairman Bing-Huei Lin emphasized TDCC’s pivotal role throughout the asset management value chain and reaffirmed the company’s dedication to utilizing innovation and intelligence to strengthen its back-office infrastructure. TDCC will actively support the policy’s goals through concrete actions.

First, in line with the regulatory authority's policy to improve the development environment for privately placed funds, TDCC will begin planning a comprehensive investment platform for such funds. Over the next three years, the objective is to establish a full-service chain for privately placed funds, covering services such as issuance registration, information disclosure, transaction transmission, and payment settlement. This initiative will further strengthen the privately placed fund ecosystem, promote product diversification, and boost participation from domestic investors, injecting new energy into the market.

Additionally, TDCC will actively promote the standardization and automation of information flow and payment settlement in the fund market. In the future, it plans to improve the efficiency of payment collection and disbursement through centralized clearing net payment services. TDCC will also explore the feasibility of establishing a standardized delivery cycle for domestic funds, aiming to shorten the time required for investors to receive their fund redemption payments. This initiative will not only boost investor confidence and willingness to invest in funds but also help expand the overall scale of asset management and attract talented professionals, fostering further growth in the asset management industry.

In the field of investor services, TDCC is actively responding to the launch of new types of ETFs by optimizing the information disclosure functions of the "Fund Clear" ensuring that investors receive more transparent and easily readable investment information. TDCC is also working with its subsidiary, the FundRich Securities, to promote a retirement financial preparation platform, connecting services such as elderly care trusts and fund lending, enabling more people to conveniently plan for retirement finances and implement inclusive finance. At the same time, TDCC is also committed to assisting the regulatory authority in market supervision by introducing AI smart supervision, fund reviews, and the external audit to SITEs to enhance regulatory effectiveness, ensuring market stability and safe development of the asset management industry.

TDCC will continue to provide well-rounded services for the fund industry, integrating diverse service offerings to create a fund ecosystem, assisting in achieving the policy goals of the Asian Asset Management Center to "retain wealth and attract investment," and promoting Taiwan as an important international asset management center.