The Taiwan Monthly
Message from Chairman
TWSE reinvigoration
This July, the TWSE welcomed the appointment of its new Chairman & CEO Sherman H. M. Lin. Chairman Lin has re-engineered traditional management roles and synergized the TWSE service DNA into a business-oriented model. Reconstituting Taiwan’s capital market and enterprises to internationalize, weathering geopolitical and economic headwinds, Chairman Lin’s fortitude creates opportunity from challenge, all this leads to the four aspects of RISE which create a future ablaze with TWSE sustainable.
Moving forward, the TWSE embraces resilience and service optimization as the starting point to assist corporate fundraising and innovative development in harmonizing a hardy, secure and efficient trading environment that integrates data information and provides diversified products plus value-added services. The TWSE is at the forefront to fulfill social responsibility and deeply cultivate market education, building sustainability and inclusiveness in Taiwan's capital market.
The TWSE has three main goals to advance Taiwan’s capital market on the global stage:
- Refine fundraising platform for startups
The TWSE established the Taiwan Innovation Board (“TIB”) in Q3 of 2021. Leveraging Taiwan’s edge in the tech industry, the TIB goal is to attract innovative new ventures and brands across the Asia-Pacific region. The TWSE welcomed our first listing in August, and with the Board’s more relaxed criteria for qualified investors, we look forward to expanding the number of market participants and boosting market liquidity. The TWSE welcomes feedback from all market stakeholders and refines relevant mechanisms to optimize the fundraising platform.
- Promote the development of Taiwan’s ESG ecosystem
The global arena has seen an increasing emphasis on sustainability in recent years; in response to this, the TWSE has conducted annual corporate governance evaluations, required companies to prepare and file sustainability reports, and implemented stewardship principles for institutional investors. Our resolute endeavors have actualized in a prominent performance among top global rating agencies and sustainability emerging markets indices.
To tailor Taiwan’s ESG escosystem into a vibrant connectivity, the TWSE pushes forth with an all-inclusive ESG platform, rich with ESG evaluation and diverse ESG products. Furthermore, the TWSE will drive listed companies towards the net zero emission target, conduct carbon footprint verification, and disclose relevant information; these undertakings combined have the purpose to crystalize Taiwan’s industrial advantages and ESG leadership among global competitors.
- Advance digital transformation through a digital platform
The TWSE embraces future trends and promotes digitalization across the board, in trading, issuance, and guidance of securities firms. To enhance operational efficacy on all levels, the TWSE has expanded robotic process automation (RPA) in both scope and depth as we engage in hyperautomation. The TWSE brings analytics and business intelligence (ABI) into operational strategies and strengthens market supervision. There is no doubt that the big data platform has immense value in terms of knowledge management and operational know-how as the TWSE pivots to turn the challenges of the future into the auspicious working realities of today.
For further information, please contact Ms. Chang at 1078@twse.com.tw.