Taiwan FSC lets banks take family office advisory beyond the Kaohsiung zone; 11 banks qualify

Taiwan's FSC issued rules allowing banks that have run family office advisory in the Kaohsiung zone for at least a year to offer it at branches island-wide; 11 banks qualify. The zone's 17 banks served 239 clients with NT$107.4bn in assets by end-August. The pilot is becoming a nationwide business line.