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Peng Jin-lung

彭金隆

Chairman, Financial Supervisory Commission

TaiwanRegulator

About

Peng Jin-lung (彭金隆) holds a BA in accounting, an MA in insurance and a PhD in business administration, all from National Chengchi University. He began his career at the Ministry of Finance. He later headed the risk management and insurance department at Shih Chien University and was a professor and head of the Department of Risk Management and Insurance at National Chengchi University. He has also been a director and committee member of the Financial Ombudsman Institution.

He has chaired the Financial Supervisory Commission (FSC), Taiwan's integrated regulator for banking, securities and insurance, since May 2024. The FSC is the competent authority for virtual asset service providers.

Under his leadership, the FSC drafted the Virtual Asset Service Act. The Executive Yuan approved the bill on 2 April 2026 and the legislature passed it on 30 June 2026. The act requires crypto platforms and stablecoin issuers to hold an FSC licence. In September 2026 he said the FSC was drafting nine sets of implementing rules, including a stablecoin rule, which could take effect as early as the first quarter of 2027. The FSC has also set a phased Travel Rule timetable, starting with domestic transfers between service providers in October 2026.

Policy engagement

Leads FSC work on the Virtual Asset Service Act. Said in September 2026 that nine sets of implementing rules, including on stablecoins, are being drafted and could take effect as early as Q1 2027.

Source: CNA, 2 Sep 2026: FSC chairman on implementing rules

Key actions

  1. Said the FSC was drafting nine sets of implementing rules for the Virtual Asset Service Act, including one on stablecoins, with the regime taking effect as early as the first quarter of 2027.

    Source

  2. The Executive Yuan approved the FSC's draft Virtual Asset Service Act, which covers licensing, asset segregation and stablecoin issuance.

    Source

  3. The FSC published the list of nine virtual asset service providers that had completed anti-money laundering registration under the new regime.

    Source

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