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Taiwan shelves proposal to reveal firms’ derivatives exposure to lenders

Taiwan’s financial regulator has put on hold consideration of a proposal to empower banks to check borrowers’ derivatives transaction histories before offering credit.
Taiwan shelves proposal to reveal firms’ derivatives exposure to lenders

Taiwan’s financial markets watchdog, the Financial Supervisory Commission (FSC), has shelved a proposal put forward in March by Taiwan’s banking sector that had asked for the power to check a borrower’s derivatives exposure before giving loans to the firm, CT has been informed.

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