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’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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