Financial Supervisory Commission (Taiwan)
The Financial Supervisory Commission (FSC; , abbreviated to ) is an independent government agency subordinate to the Executive Yuan of the Republic of China (Taiwan). It is responsible for regulating securities markets (including the Taiwan Stock Exchange and the Taiwan Futures Exchange), banking, and the insurance sector. Its main office is located in Banqiao District, New Taipei. History It was created on 1 July 2004 to unify several previously separate regulatory authorities which separately supervised different sectors of the finance industry. Prior to the actual creation of the commission, several alternative structures for regulatory agency reform had been proposed, including a purely non-governmental commission, as well as the establishment of both a governmental regulatory agency and non-governmental supervisory commission; the choice of a purely governmental commission was finalized in 2003 by the Legislative Yuan. The reasons for the creation of the FSC as an umbre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Taiwanese Mandarin
Taiwanese Mandarin, frequently referred to as ''Guoyu'' () or ''Huayu'' (), is the variety of Mandarin Chinese spoken in Taiwan. A large majority of the Taiwanese population is fluent in Mandarin, though many also speak a variety of Min Chinese known as Taiwanese Hokkien, which has had a significant influence on the Mandarin spoken on the island. Mandarin was not a prevalent spoken language in Taiwan before the mid-20th century. Early Chinese immigrants who settled in Taiwan before Taiwan under Japanese rule, Japanese rule mainly spoke other varieties of Chinese languages, primarily Hakka language, Hakka and Hokkien. By contrast, Taiwanese indigenous peoples speak unrelated Austronesian languages. Japan Japanese invasion of Taiwan (1895), annexed Taiwan in 1895 and governed the island as a colony for the next 50 years, introducing Japanese language, Japanese in education, government, and public life. With the defeat of Imperial Japan in World War II, Taiwan was transferred to the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Democratic Progressive Party
The Democratic Progressive Party (DPP) is a centre to centre-left Taiwanese nationalist political party in Taiwan. As the dominant party in the Pan-Green Coalition, one of the two main political camps in Taiwan, the DPP is currently the ruling party in Taiwan, leading a minority government that controls the presidency and the central government. Founded in 1986 by Hsu Hsin-liang, Roger Hsieh and Lin Shui-chuan, a year prior to the end of martial law, the DPP is one of two major parties in Taiwan, the other being the Kuomintang (KMT), a Chinese nationalist party previously ruling the country as a one-party state, and its smaller allies in the Pan-Blue Coalition. It has traditionally been associated with a strong advocacy of human rights, emerging against the authoritarian White Terror that was initiated by the KMT, as well as the promotion of Taiwanese nationalism and identity. Lai Ching-te is the current chairperson of the DPP from 2023, who also serves as t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Liu Chao-shiuan
Liu Chao-shiuan (; born 10 May 1943) is a Taiwanese chemist and politician. He is a former president of the National Tsing Hua University (1987–1993) and Soochow University (2004–2008) and a former Premier of the Republic of China (2008–2009). Early life and education Liu was born in Changsha, Hunan, in 1943. His family moved to Taiwan during the Great Retreat. After graduating from the Affiliated Senior High School of National Taiwan Normal University, he studied chemistry at National Taiwan University and graduated with his Bachelor of Science (B.S.) in 1965. Liu then completed graduate studies in Canada, where he earned a Master of Science (M.S.) in chemistry from the Université de Sherbrooke in 1968 and his Ph.D. from the University of Toronto in the field in 1971. Liu is also an author, and, together with two of his brothers, has published novels of ancient Chinese rovers practicing martial arts under a pen name called "Shangguan Ding" (). Liu started to recei ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chang Chun-hsiung
Chang Chun-hsiung (; born 23 March 1938) is a Taiwanese politician and lawyer who had served as the prime minister of Taiwan (officially Premier of the Executive Yuan) from 2000 to 2002 and 2007 to 2008, both under Chen Shui-bian's presidency. His appointment by then-President Chen in 2000 marked the first time a Democratic Progressive Party (DPP) member occupied the premiership. As a founding member of the DPP, he served on its Central Committee and Central Standing Committee from 1986 to 2000. Early life and education Chang was born in 1938 in the city of Kagi (present-day Chiayi) when Taiwan (then Formosa) was still a colony of Japan. He earned his LL.B. at the National Taiwan University in 1960. Chang joined the Kuomintang in 1970, but was expelled three years later for mounting a campaign for the Taipei City Council. As a lawyer, he defended the victims of the Kaohsiung Incident in 1980. From 1982 to 1986 he was President of the Kaohsiung Chapter of the YMCA. Politica ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hu Sheng-cheng
Hu Sheng-cheng (; 5 August 1940 – 10 July 2018) was a Taiwanese economist and game theorist. He led the Council for Economic Planning and Development from 2004 to 2007 and the Financial Supervisory Commission from 2007 to 2008. Early life and education Hu was born in Yilan County on August 5, 1940, during the Japanese rule of Taiwan. After graduating from National Yilan Senior High School, he studied economics at National Taiwan University and graduated with a bachelor's degree in 1962. He then completed military service in the Republic of China Armed Forces and pursued graduate studies in the United States at the University of Rochester, where he earned a master's degree in economics in 1967 and his Ph.D. in economics in 1970 specializing in game theory. His doctoral dissertation was titled, "Technical progress and optimal growth." Academic career Hu remained in the United States, and began a teaching career at Purdue University in 1968. While working in the U.S., Hu au ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Susan Chang
Susan is a feminine given name, the usual English version of Susanna or Susannah. All are versions of the Hebrew name Shoshana, which is derived from the Hebrew ''shoshan'', meaning ''lotus flower'' in Egyptian, original derivation, and several other languages. Variations * Susana, Susanna (or Suzanna), Susannah, Suzana, Suzannah * Susann, Sussan, Suzan, Suzann * Susanne, Suzanne * Susanne * Suzan * Suzanne * Suzette * Susie, Suzy Nicknames Common nicknames for Susan include: * Sue, Susie, Susi (German), Suzi, Suzy, Suzie, Suze, Sanna, Suzie, Sookie, Sukie, Sukey, Subo, Suus (Dutch), Shanti In other languages * Albanian and * * , or * * , or * * , or * Catalan, Estonian and * ** * Czech and * Danish and * Dutch and * * or ** * , , or * ; often shortened to , or * * * * or * or * * * ** , or * * or * * or * , or * * * * See also * List of people named Susan * Black-eyed Susan (other) ''Black-Eyed Susan; ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rebar (Taiwan)
The Rebar Group (Rebar; ) is a large corporation involved in domestic textiles, construction, hotel/real estate, retail services, vehicle/building insurance, banking, and media in Taiwan. History The company started out in the 1960s as a reinforcement bar manufacturer, hence its name. The corporation recently gained large shares of the Taiwanese cable media as OmniMedia (東森) TV Corp and also mobile telephone business as Asia Pacific Telecom Group (亞太) in the late 1990s. Towards the end of 2006 Rebar was encountering serious difficulties following years of allegedly hiding financial problems with bad loans from The Chinese Bank. The CEO and founder, Wang You-theng (王又曾) is alleged to have engaged in insider trading and embezzlement in connection to this, and fled Taiwan on 30 December 2006, days before prosecutors began their investigation. You-theng was detained in the U.S. and was wanted by Taiwanese prosecutors for allegedly embezzling NT$60 billion (US$1.8 billi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bank Run
A bank run or run on the bank occurs when many Client (business), clients withdraw their money from a bank, because they believe Bank failure, the bank may fail in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvency, insolvent. When they transfer funds to another institution, it may be characterized as a capital flight. As a bank run progresses, it may become a self-fulfilling prophecy: as more people withdraw cash, the likelihood of default increases, triggering further withdrawals. This can destabilize the bank to the point where it runs out of cash and thus faces sudden bankruptcy. To combat a bank run, a bank may acquire more cash from other banks or from the central bank, or limit the a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shih Jun-ji
Shih Jun-ji (; born 10 August 1955) is a Taiwanese economist and politician. He served as the second chairman of the Financial Supervisory Commission from 2006 to 2007 after Kong Jaw-sheng was removed from office. Shih served concurrently as Governor of Taiwan Province and minister without portfolio in 2016. Later that year, he was named chair of the Taiwan Stock Exchange. In 2017, he took office as Vice Premier of Taiwan under the Lai cabinet. Chen Chi-mai succeeded Shih as vice premier in 2019. Education Shih earned his bachelor's degree in business administration from Fu Jen Catholic University in 1978, master's degree in economics from Soochow University in 1980 and Ph.D. in economics from National Taiwan University in 1984. As a student, he led a demonstration which protested the White Terror, a period of political suppression that began after the 228 Incident of 1947. Career After graduation, Shih did research with the Academia Sinica, then joined the Fair Trade C ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lu Daung-yen
Lu, Lü, or LU may refer to: Arts and entertainment * Lu (duo), a Mexican band ** ''Lu'' (album) * Character from Mike, Lu & Og * Lupe Fiasco or Lu (born 1982), American musician * Lu Watters (1911-1989), American musician * Lu Gambino (1923-2003), American football player * Lu Blue (1897-1958), American baseball player * Lu Corfield (born 1979 or 1980), Welsh actress * Lu Leonard (1926-2004), American actress * Lu Parker (1968), American journalist * Lu Ann Simms (1932-2003), American singer * Lebor na hUidre, a manuscript containing many Irish fictional stories commonly abbreviated LU * Lu (novel), 2018 novel by Jason Reynolds * Chinese surnames *Lu (surname), including: **Lu (surname 卢), the 52nd commonest **Lu (surname 陆), the 61st commonest **Lu (surname 鲁), the 115th commonest **Lu (surname 路), the 116th commonest ** Lu (surname 芦), the 140th commonest **Lu (surname 禄) **Lu (surname 逯) **Lu (surname 鹿) *Lü (surname), 吕, the 47th commonest Places As ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Su Tseng-chang
Su Tseng-chang ( zh, t=蘇貞昌, poj=So͘ Cheng-chhiong, p=Sū Zhēnchāng; born 28 July 1948) is a Taiwanese politician who served as premier of the Republic of China (Taiwan) from 2006 to 2007 and again from 2019 to 2023. He was the chairman of the Democratic Progressive Party in 2005 and from 2012 to 2014. Su served as Chief of Staff to President Chen Shui-bian in 2004.About Executive Yuan: Premier , '', Republic of China (Taiwan)'', Updated 2006-02-24 He is currently the longest-serving Democratic Progressive premier in history. Su actively campaigned for the DPP presidential nomination in 2008, but finished second to [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Frank Hsieh
Frank Hsieh Chang-ting (; born May 18, 1946) is a Taiwanese politician and former defense attorney who served as Ambassador of Taiwan to Japan from 2016 to 2024. A cofounder of the Democratic Progressive Party, he has served on the Taipei City Council, the Legislative Yuan, as the mayor of Kaohsiung City, and as the Premier of Taiwan (President of the Executive Yuan) under president Chen Shui-bian. Hsieh was the DPP nominee in the 2008 presidential election and was defeated by Ma Ying-jeou. Early life and education Born in Dadaocheng, Taipei, in 1946, Hsieh was a gymnast in high school and worked as a food vendor before college. He received a Bachelor of Laws (LL.B.) degree from National Taiwan University. Hsieh then obtained a master's degree and later completed doctoral coursework ( all but dissertation) in jurisprudence at the Graduate School of Law of Kyoto University in Japan. He was a practicing attorney from 1969 to 1981, serving as a defense attorney in the marti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |