FSC Regulates Financing and Leasing Companies; 86 Complaints Accumulated
Taiwan's Financial Supervisory Commission (FSC) announced a three-phase plan to bring financing and leasing companies under the Financial Consumer Protection Act, with 86 complaints and 2 mediation applications received so far. The first phase, effective September 15 last year, covered 13 companies under four listed groups: Chailease, Yulon Finance, Hotai Finance, and Jih Sun Leasing. The second phase, effective March 15 this year, added 13 companies invested by financial institutions. The third phase, expected September 15 this year, will include the remaining 13 members of the Taipei Leasing Commercial Association, totaling 39 regulated entities. Most complaints concern installment services and marketing, indicating the new regulations are showing effect.
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- 📰 Published: April 11, 2026 at 10:40
- 🔍 Collected: April 11, 2026 at 12:00 (1h 20m after Published)
- 🤖 AI Analyzed: April 15, 2026 at 19:27 (103h 26m after Collected)
Financing and leasing companies have caused many controversies in the past due to various irregularities. The Financial Supervisory Commission (FSC) announced last year that it would gradually incorporate financing and leasing companies meeting certain conditions into the scope of the Financial Consumer Protection Act (FCPA) in three phases.
It has been more than half a year since financing and leasing companies were brought under regulation. According to statistics from the Financial Consumer Protection Center, from mid-September last year to March 31 this year, a total of 86 complaints and 2 mediation applications were received.
The FSC officially began regulating financing and leasing companies on September 15 last year. Operators must also comply with relevant regulations, including clearly disclosing interest rates and fees when conducting advertisements, business solicitations, and promotional activities, and explaining the costs and penalties for breach of contract to users. The inclusion of financing and leasing companies under the FCPA is not retroactive and only accepts complaints from natural persons.
FSC officials explained that among the current 86 complaints, 61 have been resolved with the public. The main types of complaints are mostly related to installment payment services (deferred commodity services) and marketing disputes. Feedback from local government consumer protection agencies also indicates that the effects of the relevant system are gradually becoming apparent.
According to the FSC's plan, the first phase became effective on September 15, 2025, regulating 13 financing and leasing companies under four listed groups: Chailease (中租), Yulon Finance (裕融), Hotai Finance (和潤), and Jih Sun Leasing (日盛台駿). The second phase became effective on March 15 this year, further incorporating 13 financing and leasing companies invested by financial institutions. The third phase plans to include the remaining 13 members of the Taipei Leasing Commercial Association into the scope of the FCPA, expected to be effective on September 15 this year. A total of 39 companies will be regulated across the three phases. (Edited by Lin Shu-yuan) 1150411
It has been more than half a year since financing and leasing companies were brought under regulation. According to statistics from the Financial Consumer Protection Center, from mid-September last year to March 31 this year, a total of 86 complaints and 2 mediation applications were received.
The FSC officially began regulating financing and leasing companies on September 15 last year. Operators must also comply with relevant regulations, including clearly disclosing interest rates and fees when conducting advertisements, business solicitations, and promotional activities, and explaining the costs and penalties for breach of contract to users. The inclusion of financing and leasing companies under the FCPA is not retroactive and only accepts complaints from natural persons.
FSC officials explained that among the current 86 complaints, 61 have been resolved with the public. The main types of complaints are mostly related to installment payment services (deferred commodity services) and marketing disputes. Feedback from local government consumer protection agencies also indicates that the effects of the relevant system are gradually becoming apparent.
According to the FSC's plan, the first phase became effective on September 15, 2025, regulating 13 financing and leasing companies under four listed groups: Chailease (中租), Yulon Finance (裕融), Hotai Finance (和潤), and Jih Sun Leasing (日盛台駿). The second phase became effective on March 15 this year, further incorporating 13 financing and leasing companies invested by financial institutions. The third phase plans to include the remaining 13 members of the Taipei Leasing Commercial Association into the scope of the FCPA, expected to be effective on September 15 this year. A total of 39 companies will be regulated across the three phases. (Edited by Lin Shu-yuan) 1150411
FAQ
What is the main purpose of the FSC regulating financing and leasing companies?
The main purpose is to rectify irregularities in the financing and leasing industry, apply the Financial Consumer Protection Act (FCPA), protect consumer rights, and establish industry norms.
When did the regulation of financing and leasing companies begin, and how many phases will it be implemented in?
The regulation began on September 15 last year and will be implemented in three phases. The final phase is expected to be completed on September 15 this year, with a total of 39 companies being regulated.