Taiwan’s FSC has taken disciplinary action against Taishin Securities following post-merger system failures, triggering restrictions on certain market activities including ETF liquidity provision and ETN issuance.
Taiwan’s Financial Supervisory Commission (FSC) has imposed its largest-ever penalty against a securities firm, fining Taishin Securities NT$3.6 million and issuing a regulatory warning following multiple electronic trading system failures after its merger with Yuanta Securities. The disciplinary action follows the merger of Taishin Securities and Yuanta Securities on 6 April 2026 The restrictions include a ban on applying for new business lines, establishing branches, investing in rel