“The government will continue to adopt even more open measures, open up diverse financial products, expand the scope of our wealth management business, and let Taiwan become an Asian corporate financing centre and high-level asset management centre.”
Tsai gave no details.
Taiwan with so many unnecessary regulations that you need 2 hours and fill out 20 pages to open a simple bank account.
Go and try to get a credit card or take a loan.
Financial Hub … hahaha
So many financial companies are struggling to enter the Taiwanese market because of ridiculous bureaucracy. Everyone is suspected to launder money and have to prove beyond reasonable doubt that it is legit.