Author: Grace Ku, Cheng-Yun Tsang

Financial technology (fintech) is reshaping the global financial ecosystem, rapidly transforming both domestic and international markets. With fintech making significant strides in Taiwan and across the globe, businesses and regulatory agencies alike face new legal adaptation and regulatory challenges. This book addresses these developments by exploring various cutting-edge topics such as "Regulatory Sandboxes," "RegTech," "Digital Identity," "STO," "Cross-border Payments and Remittances," "P2P Lending," "Robo-Advisory," "Online-Only Banks," and "Open Banking," from a legal perspective. It delves into the legal challenges and developmental directions that fintech faces today.

• Section 1: General Overview
  Introduction: Facing Legal Challenges in Fintech Development
  A Practical Development of Taiwan's "Fintech Development and Innovation Experiment Regulations" in Comparison with the UK's Regulatory Sandbox Model
  RegTech: The Facilitator of Fintech Innovation
  An Introduction of RegTech Industry Development
  Cybersecurity Risks in the Age of Fintech: Challenges in Cloud-Based Financial Services
  The Key Role of Digital Identity in Building Trust in the Digital Environment

• Section 2: Blockchain and Cryptographic Assets
  From ICOs to STOs: Regulatory Trends in Security Token Offerings
  Seizure and Enforcement of Virtual Currencies

• Section 3: Electronic Payments and Cross-Border Remittances
  Swedish Swish: Insights into Taiwan's Electronic Payment Development
  The New Era of the Yu'e Bao Model in Taiwan
  Issues of Cross-Border Currency Exchange and P2P Remittance Platforms in Taiwan
  Legal Issues of Distributed Ledger Technology (DLT) in Cross-Border Payments Between Banks

• Section 4: P2P Online Lending
  Development and Innovation of Taiwan’s P2P Lending Platforms
  Trends in the Development and Regulation of International P2P Lending Platforms

• Section 5: New Wealth Management Services
  Legal Perspectives on the Development of Automated Investment Advisory Services
  Practical Developments and Management Measures of Robo-Advisors in the U.S.
  Legal Boundaries for the Development of Social Investment Platforms

• Section 6: Online-Only Banks
  Lessons from European Experiences: Opportunities and Challenges for Taiwan in Developing Online-Only Banks

• Section 7: Open Banking
  The Development of Legal Frameworks for Open Banking
  Privacy Protection in the Era of Open Banking
  Data and Innovation: Intellectual Property Issues in Open Banking