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Tainan to Sign MOU for Asset Management Hub; FSC Says Business Details Still Pending
Finance · Investment Banks/Brokers · cnyes · 2026-09-10
Following Kaohsiung, Tainan is planning an asset management zone and will sign an MOU next week, though the FSC notes that specific business details remain undefined.
What Happened
Local Initiative: The Tainan city government is moving forward with plans to establish an asset management zone, with an MOU signing scheduled for next week. The Financial Supervisory Commission (FSC) clarified that this is currently an independent investment attraction effort by the local government rather than a central policy-led project.
FSC Stance: The FSC welcomes local efforts to leverage regional advantages and provide administrative incentives to attract financial firms. However, officials emphasized that the success of such zones depends on local policy support, industry participation, and clear market opportunities, noting that no specific business scope has been finalized yet.
Differentiation Strategy: Regarding potential overlap with the existing Kaohsiung asset management zone, the FSC expressed a preference for regional differentiation based on local strengths. While Tainan has introduced incentives like rent subsidies, the regulator is waiting for more concrete proposals before commenting on specific operational models.
Regulatory Path: Any future business activities within the Tainan zone will likely be subject to the FSC’s existing pilot program framework. The regulator stated that it will continue to communicate with the city government and will only evaluate necessary regulatory adjustments once financial institutions submit formal resource allocation plans.