Foreign Currency Dividends to Launch as Early as Next Year, Central Bank: Conforms to International Trends
Taiwan's Financial Supervisory Commission has approved listed companies to issue foreign currency dividends, set to begin as early as next year. The Central Bank views this move as aligning with international trends, which is expected to reduce New Taiwan Dollar exchange rate fluctuations for companies with high foreign investor ratios.
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- 📰 Published: May 6, 2026 at 20:16
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Central News Agency
(Central News Agency reporter Pan Tzu-tzu, Taipei 6th) The Financial Supervisory Commission (FSC) has opened up for listed and OTC companies to issue foreign currency dividends, which will be implemented as early as next year. Regarding its impact on the New Taiwan Dollar (NTD) foreign exchange market, Tsai Chung-min, Director-General of the Central Bank's Department of Foreign Exchange, stated today that he respects the FSC's considerations, and this move aligns with international financial market trends.
In April, the FSC pointed out that considering foreign investors' shareholding ratio in Taiwanese stocks has reached 46.93%, and Taiwan's stock market value has jumped to the 7th largest globally, it hopes to align the system with international practices. It clearly stipulates that custodian institutions can act as agents for foreign investors to receive foreign currency cash dividends. This means that if listed, OTC, and emerging stock companies have the need in the future, they can issue foreign currency cash dividends, applicable only to foreign shareholders. This is also the first time that common shares in Taiwan can issue foreign currency dividends. If system adjustments proceed smoothly, it will be implemented as early as next year.
It is anticipated that companies with a high proportion of foreign shareholders, such as TSMC, are expected to benefit.
Tsai Chung-min stated today that he fully respects the FSC's considerations and has communicated with the FSC during the process, and will also understand the relevant implementation details through custodian banks.
When asked by the media whether TSMC issuing foreign currency dividends would reduce NTD exchange rate volatility, Tsai Chung-min said that TSMC receives attention because of its high foreign shareholding ratio and large dividend amounts. Under the current system, after companies issue dividends in NTD, if foreign investors want to remit funds, they still need to convert NTD to USD. After the new system is implemented in the future, it can reduce the relevant exchange process and should help lower transaction costs.
Tsai Chung-min added that internationally, some major financial centers already have similar systems. This measure by the FSC is in line with international financial market trends. (Editor: Lin Chia-hsin) 1150506
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(Central News Agency reporter Pan Tzu-tzu, Taipei 6th) The Financial Supervisory Commission (FSC) has opened up for listed and OTC companies to issue foreign currency dividends, which will be implemented as early as next year. Regarding its impact on the New Taiwan Dollar (NTD) foreign exchange market, Tsai Chung-min, Director-General of the Central Bank's Department of Foreign Exchange, stated today that he respects the FSC's considerations, and this move aligns with international financial market trends.
In April, the FSC pointed out that considering foreign investors' shareholding ratio in Taiwanese stocks has reached 46.93%, and Taiwan's stock market value has jumped to the 7th largest globally, it hopes to align the system with international practices. It clearly stipulates that custodian institutions can act as agents for foreign investors to receive foreign currency cash dividends. This means that if listed, OTC, and emerging stock companies have the need in the future, they can issue foreign currency cash dividends, applicable only to foreign shareholders. This is also the first time that common shares in Taiwan can issue foreign currency dividends. If system adjustments proceed smoothly, it will be implemented as early as next year.
It is anticipated that companies with a high proportion of foreign shareholders, such as TSMC, are expected to benefit.
Tsai Chung-min stated today that he fully respects the FSC's considerations and has communicated with the FSC during the process, and will also understand the relevant implementation details through custodian banks.
When asked by the media whether TSMC issuing foreign currency dividends would reduce NTD exchange rate volatility, Tsai Chung-min said that TSMC receives attention because of its high foreign shareholding ratio and large dividend amounts. Under the current system, after companies issue dividends in NTD, if foreign investors want to remit funds, they still need to convert NTD to USD. After the new system is implemented in the future, it can reduce the relevant exchange process and should help lower transaction costs.
Tsai Chung-min added that internationally, some major financial centers already have similar systems. This measure by the FSC is in line with international financial market trends. (Editor: Lin Chia-hsin) 1150506
Choose to stand with the facts, every sponsorship you make is a force for protecting press freedom.
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The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or used without authorization.