The Financial Supervisory Commission said Feb. 17 that stimulating innovation and caring for the underprivileged are among its main tasks in 2013.
“Creativity is the source of a nation’s vitality,” an FSC official said. “We have instructed GreTai Securities Market to devise a mechanism for raising private capital to assist inventors in acquiring the funds they need to implement their innovations.”
Preliminary plans, expected to be carried out within the year, include providing efficient guidance under the existing securities market framework to aid corporatization of the creative industry and sustainability of organization and management.
“We hope that in addition to drawing on the emerging market, inventors can raise funds at earlier stages through a simpler and more convenient method,” the official said, adding that GreTai will study the development of a new Growth Enterprise Market.
GreTai is also set to establish a platform for information exchange and integration, the official said. “Firms that need to raise capital can make the relevant information available on the platform, with initial screening by the securities organization.”
In addition, to improve disabled access to financial services, 2,339 barrier-free ATMs and 16 voice-guided ATMs for the visually impaired have been installed around Taiwan, the official said. (KML-THN)