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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] |
Taiwanese Mandarin
Taiwanese Mandarin, ''Guoyu'' ( zh, s=, t=國語, p=Guóyǔ, l=National Language, first=t) or ''Huayu'' ( zh, s=, t=華語, p=Huáyǔ, first=t, l=Mandarin Language, labels=no) refers to Mandarin Chinese spoken in Taiwan. A large majority of the Taiwanese population is fluent in Mandarin, though many also speak Taiwanese Hokkien, commonly called ''Minnanyu'' ( ''Mǐnnányǔ'') or Southern Min, a variety of Min Chinese. This language has had significant influence on Mandarin as spoken on the island. ''Guoyu'' is not the indigenous language of Taiwan. Chinese settlers came to Taiwan in the 16th century, but spoke other Chinese languages, primarily Southern Min. Japan annexed Taiwan in 1895 and governed the island as a colony for the next 50 years, during which time Japanese was introduced and taught in schools, while non-Mandarin languages were spoken at home. With the defeat of Imperial Japan in World War II, Taiwan was returned to the Republic of China under the Kuomintang (KMT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Progressive Party
The Democratic Progressive Party (DPP) is a Taiwanese nationalism, Taiwanese nationalist and Centre-left politics, centre-left political party in the Taiwan, Republic of China (Taiwan). Controlling both the President of the Republic of China, Republic of China presidency and the unicameral Legislative Yuan, it is the majority ruling party and the dominant party in the Pan-Green Coalition as of 2022. Founded in 1986 by Hsu Hsin-liang, Hsieh Tsung-min and Lin Shui-chuan, a year prior to the end of Martial law in Taiwan, martial law, the DPP is one of two Major party, major parties in Taiwan, the other being the historically dominant Kuomintang (KMT), which previously ruled the country as a one-party state. It has traditionally been associated with a strong advocacy of human rights, emerging against the authoritarian White Terror (Taiwan), White Terror that was initiated by the KMT, as well as the promotion of Taiwanese nationalism and Taiwanese identity, identity, in contrast ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liu Chao-shiuan
Liu Chao-shiuan (; born 10 May 1943) is a Taiwanese educator 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 Liu was born in Changsha, Hunan in 1943. He received his bachelor's degree from National Taiwan University in 1965, a master's from Université de Sherbrooke in 1968, and a Ph.D. from the University of Toronto in 1971. He earned all of his academic degrees in the field of chemistry. 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 receive public attention when he was the President of National Tsing-hua University in Hsinchu before 1993. At that time, he and his school had just successfully hosted the annual unified college entrance examinations in Taiwan. He became the Presi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chang Chun-hsiung
Chang Chun-hsiung (), (born 23 March 1938) is a Taiwanese politician. He is a former Premier of the Republic of China. Chang was appointed to two separate terms as Premier, both under Chen Shui-bian. His appointment by then-President Chen in 2000 marked the first time a Democratic Progressive Party member occupied the premiership. As a founding member of the Democratic Progressive Party (DPP), he was a member of its Central Committee and Executive Member of its Central Standing Committee from 1986 to 2000. Early life 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 year 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. Political ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hu Sheng-cheng
Hu Sheng-cheng (; 5 August 1940 – 10 July 2018) was a Taiwanese economist. He led the Council for Economic Planning and Development from 2004 to 2007 and the Financial Supervisory Commission from 2007 to 2008. Academic career Hu studied economics at the University of Rochester in the United States, where he earned a Ph.D, after having graduated from National Taiwan University in 1962. He remained in the United States, and began a teaching career at Purdue University in 1968. While working in the U.S., Hu authored a pair of reports to the Social Security Administration. Hu returned to Taiwan in 1996, teaching at NTU and holding a concurrent appointment at the Academia Sinica until 2001. Political career Hu was appointed a minister without portfolio by premier Chang Chun-hsiung in 2001 and had oversight of financial policies. Hu was retained by Chang's successor Yu Shyi-kun when Yu took office in February 2002. Later that year, Yu initiated a six-year development plan devoted t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Susan Chang
Susan is a feminine given name, from Persian "Susan" (lily flower), from Egyptian '' sšn'' and Coptic ''shoshen'' meaning "lotus flower", from Hebrew ''Shoshana'' meaning "lily" (in modern Hebrew this also means "rose" and a flower in general), from Greek ''Sousanna'', from Latin ''Susanna'', from Old French ''Susanne''. Variations * Susana (given name), Susanna, Susannah * Suzana, Suzanna, Suzannah * Susann, Suzan, Suzann * Susanne (given name), Suzanne * Susanne (given name) * Suzan (given name) * Suzanne * Suzette (given name) * Suzy (given name) * Zuzanna (given name) *Cezanne (Avant-garde) Nicknames Common nicknames for Susan include: * Sue, Susie, Susi (German), Suzi, Suzy, Suzie, Suze, Poosan, Sanna, Suzie, Sookie, Sukie, Sukey, Subo, Suus (Dutch), Shanti In other languages * fa, سوسن (Sousan, Susan) ** tg, Савсан (Savsan), tg, Сӯсан (Sūsan) * ku, Sosna,Swesne * ar, سوسن (Sawsan) * hy, Շուշան (Šušan) * (Sushan) * Sujan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. 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 billion) i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Run
A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may cease to function 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, insolvent; they keep the cash or transfer it into other assets, such as government bonds, precious metals or gemstones. 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 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shih Jun-ji
Shih Jun-ji (; born 10 August 1955) is a Taiwanese economist. 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 the Republic of China. Chen Chi-mai succeeded Shih as vice premier in 2019. Education Shih obtained 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 doctoral degree 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 Commission from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lu Daung-yen
Lu, Lü, or LU may refer to: Arts and entertainment * Lu (music), Tibetan folk music * Lu (duo), a Mexican band ** ''Lu'' (album) * Character from Mike, Lu & Og * Lupe Fiasco or Lu (born 1982), American musician * 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 Asia *Lu (state) of ancient China, in today's Shandong Province * Lü (state), an ancient Chinese state * Lu Commandery, of ancient China *Lù, a circuit (administrative division) in China *Lu, Iran, Isfahan Province *Lu County, Sichuan, China *La Union, Philippines, from its initials Eur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Su Tseng-chang
Hope Su Tseng-chang (; born 28 July 1947) is a Taiwanese politician serving as premier of the Republic of China (Taiwan) since 2019, and previously from 2006 to 2007. 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 Frank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frank Hsieh
Frank Hsieh Chang-ting (; born May 18, 1946) is a Taiwanese politician and former defense attorney. 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 the Republic of China under president Chen Shui-bian. Hsieh was the DPP nominee in the 2008 presidential election and was defeated by Ma Ying-jeou. Hsieh is currently the head of the Association of Taiwan-Japan Relations. Early life 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 degree from National Taiwan University. Hsieh then obtained a master's degree and later completed doctoral coursework (all but dissertation) in jurisprudence at Graduate School of Law, Kyoto University in Japan. He was a practicing attorney from 1969 to 1981, serving as a defense attorney in the martial courts following the Kaohsiung Incide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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