Onshore opportunities abound in Taiwan as private banks look to capitalise on regulatory relaxtion

25 March 2014 | 5 minutes read

Taiwan’s recent decision to further deregulate onshore banking in Taiwan has filled private banks holding local licenses with unprecedented optimism. Lenders such as BNP Paribas and UBS will soon be able to offer the island’s 95,000 high net worth individuals (HNWI) services at home that are identical to offshore offerings. Taiwan’s watchdogs have given the onshore private banking industry their…

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