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Taiwanese culture has heavily influenced the West: Pearl milk tea (also known as bubble tea or boba) is a popular tea drink available in many parts of the world. The next FSC Chairman may step up efforts in monitoring banks’ operations in response to public and lawmakers’ call and to rebuild public trust; these may lead to: (i) reduced operational flexibility, (ii) higher compliance costs, (iii) revelation of new cases of in-compliances and thus further penalties, and (iv) knee jerk reaction for frontline staff to slowdown in growth before new compliance procedures are in place.

Pages: 0

Publisher: Taiwan English Press (1956)


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