Taiwan probes foreign bond sales

April 6, 2015 3:14 AM

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HONG KONG, April 6 (IFR) - Taiwan's Financial Supervisory Commission is toughening its stance on foreign banks marketing offshore securities in the country, after some tried to operate there without onshore licences.

According to bankers from foreign firms active in the country, the FSC has taken a noticeably stricter stance in recent months and suggested that a number of foreign banks could be fined soon.

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