Focus Taiwan
Date: 2018/09/25
By: Tien Yu-pin, Lu Hsin-hui and Elizabeth Hsu

Taipei, Sept. 25 (CNA) Taiwan and the United Kingdom signed a memorandum of understanding (MOU) Tuesday on cooperation in the development of financial technology and innovation.

The agreement was signed by Taiwan Financial Services Roundtable Chairman Hsu Jan-yau (許璋瑤) and Catherine Nettleton, the representative of the British Office Taipei, witnessed by George Hollingbery, the U.K. minister for trade policy at the Department for International Trade, who is visiting Taiwan.

Hollingbery said that while trying to boost trade and investment between the U.K. and Taiwan, his government sees the financial service sector as a promising area.

Under the terms of the MOU, the two sides agree to strengthen the provision of necessary information and assistance to financial technology (FinTech) companies from the two countries that plan to enter the market on the other side, and to promote links and cooperation in the FinTech area.    [FULL  STORY]