FSC alerts firms on Mideast exposureUS-IRAN WAR: With banks, insurers and securities firms’ exposure reaching NT$2.35 trillion, the FSC urged them to boost risks controls and monitor potential volatilityBy Crystal Hsu / Staff reporterThe intensifying military tensions between the US and Iran are beginning to ripple through Taiwan’s financial sector, with banks, insurers and securities firms holding sizable exposure to the Middle East, the Financial Supervisory Commission (FSC) said. A sign for the Financial Supervisory Commission is pictured at its office in New Taipei City in an undated photograph. Banks reported NT$599.2 billion in combined exposure to the Middle East, concentrated in the UAE, Saudi Arabia, Qatar, Kuwait, Israel, Jordan and Oman, the commission said. Financial firms’ exposure to Israel totaled NT$136.7 billion at the end of last year, down 4 percent from a year earlier, the commission said. The decline was the largest among the seven Middle Eastern countries, suggesting that firms have begun trimming positions to mitigate geopolitical risks there.

Source: Taipei Times March 03, 2026 16:09 UTC