The 6th task force is designed to promote a better customer service in Asia by using fintech and big data: TDCC Chairman
Taiwan News
Date: 2018/08/23
By: Sophia Yang, Taiwan News, Staff Reporter
TAIPEI (Taiwan News) – Taiwan’s securities depository and clearing agency
TDCC Chairman Sherman Lin (林修銘)
is set to establish the sixth task force at the Asia-Pacific Central Securities Depository Group (ACG) and to become an Executive Committee member, according to the country’s top financial regulator on Wednesday.
The Taiwan Depository and Clearing Corporation (TDCC) recently held a two-day Corporate and Investor Services Seminar in Taipei, which was attended by financial service professionals from a dozen countries including the United States, Japan, South Korea, Singapore, Hong Kong, and other New Southbound Policy countries, as well as from regional institutions like ASG and International Central Securities Depository (ICSD).
In the event, participants exchanged views on challenges from technology advancement and how to incorporate the new technology into business to better serve institutional and retail investors. The seminar also invited industry leaders from the U.S. and Europe to deliver speeches on how to make good use of the ever-evolving technologies to expand business, as well as how to respond to different changes in their markets.
Financial Supervisory Commission Chairman Wellington Koo (顧立雄) made a preannouncement in his opening remarks that the TDCC is working to establish the 6th task force under the ACG set to study issues relating to investor service, and is hoping to become an executive committee member. [FULL STORY]
