Taiwan's banks are in a state of disarray. Its banking system is currently at a crossroads and is much in need of regulatory reform.; As far as a bank regulatory framework is concerned, regulations pertaining to banks securities powers have been most frequently mentioned in proposed reform efforts. In this regard, Taiwan needs to absorb more experience from other advanced economies.; These nations often permit their banks to choose from several legal options when considering organizational structures to engage in securities activities. Regulations, however, ensure that fire walls separate the securities activities, from traditional banking activities. Taiwan should consider a similar strategy.; Part 1 describes the objective this research wants to achieve and enumerates the difficulties and limitations this research has encountered during the process of research. Part 2 identifies the symptoms of Taiwan's banking system and regulatory framework, then explores how the government has improperly interfered with the financial sector in past decades. Part 3 diagnoses the more serious problems associated with Taiwanese banking reality and elaborates on efforts that have been made by bank regulators to find resolutions to cure the symptoms. Part 4 then analyzes the feasibility of adopting certain legal alternatives for Taiwan's bank regulatory framework and profiles the concept of "corporate separateness" as a guiding principle for future reform efforts. Part 5 specifies needed revisions to the laws and regulations related to the existing Banking Law as follow-up pharmaceutics to the previously prescribed legal adjustments. Finally, Part 6 summarizes the arguments within the dissertation and propose a workable legal structure for bank securities powers in Taiwan.
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