Taiwan Depository & Clearing Corporation

In response to the Financial Supervisory Commission's (FSC) "Asia Asset Management Center" policy and to enhance the information transparency and trading efficiency of the private placement market in Taiwan, the Taiwan Depository & Clearing Corporation (TDCC) launched the "Private Placement Product Inquiry Section" on October 27, 2025. This dedicated zone integrates information on private securities investment trust funds issued by security investment trust enterprises, as well as private equity funds where a subsidiary of a security investment trust enterprise acts as a general partner, allowing qualified investors to query the information in a single platform.

TDCC's "Three Arrows" Strategy for Private Placement Products Creates a Complete Investment Value Chain

Bing-Huei Lin, Chairman of TDCC, states that to echo the FSC vision of establishing Taiwan as an Asia Asset Management Center, TDCC implements a comprehensive "three arrows" strategy for private placement products, including "Information Disclosure, Order-Routing, and Payments and Receipts services." Through this strategy, it will help construct a complete and secure private placement product investment value chain from information disclosure and transmission, to transaction payment service in a single platform. This initiative brings renewed momentum to Taiwan’s asset management industry and fosters the development of a more resilient and internationally aligned private placement market.

Enhancing Information Transparency for Private Placement Funds, Balancing Investment Convenience and Investor Protection

The launch of the "Private Placement Product Inquiry Section" primarily addresses the past difficulty for investors in obtaining information on private placement products from security investment trust enterprises, often requiring them to contact each company individually. Through cooperation with the Securities Investment Trust & Consulting Association (SITCA), TDCC now discloses product information in the "Private Placement Product Inquiry Section" after security investment trust enterprises report the information to the SITCA. The disclosed content includes the fund's names, pricing currency, types and qualifications or other requirements for subscribers, a brief introduction to the private placement business of each security investment trust enterprise, and the exclusive links all in Chinese and English, enabling qualified investors to perform a one-stop inquiry and centrally manage the information.

The launch of the "Private Placement Product Inquiry Section" symbolizes a significant leap in the private placement market's information transparency. Before logging in for inquiries, the system requires qualified investors to make a self-declaration of their eligibility and acknowledge an investment warning, thereby implementing an investor protection mechanism. This not only enhances market efficiency but also strikes a balance between information convenience and investment safety, helping qualified investors keep abreast of real-time market dynamics and improve the efficiency and transparency of the private placement market.

Please go to the "FundClear" website (www.fundclear.com.tw) and click on the "Private Placement Products" webpage to inquire.