To align with the practices and trends of technology development at home and aboard, the competent authority may amend financial regulations as deemed fit to facilitate the application of innovative technology or business models in the financial market or the introduction of innovative financial products or services to the market.

The competent authority may establish or provide guidance on the establishment of a physical community for financial technology development and coordinate the provision of proper office space or rent reduction by relevant government agencies (institutions) or special municipality, county (city) governments to facilitate research and development by fintech innovators.

The competent authority may assist in the setting up of a digital sandbox platform for financial technology to encourage the sharing of resources such as related data and application programming interfaces of financial service modules to facilitate the research and application of innovative financial technology.

The competent authority may establish co-creation mechanisms for cross-industry collaboration, synergistic creation and empirical studies and set up thematic financial technology innovation laboratories in collaboration with other government agencies (institutions).

The competent authority may, in view of the needs of market development and financial technology innovation and entrepreneurship, invite fintech innovators, investors and financial institutions to hold matchmaking events so as to bring about investment and strategic cooperation opportunities.

The competent authority should hold forums regularly, inviting representatives of relevant government agencies and fintech innovators to attend and stimulating suggestions or counseling on financial technology development related matters.

For the purpose of strengthening the information security of financial technology infrastructure and technological applications, the competent authority may provide guidance to fintech innovators on joining the Financial -Information Sharing and Analysis Center and assisting in the provision of information security counseling service.

The competent authority may establish a mechanism for cooperating and exchanging with foreign regulators, related international organizations or institutions to assist domestic fintech innovators in developing international markets; or may cooperate with foreign startup accelerators to bring in foreign innovative technologies or business models through providing guidance on financial technology startup or international presentation opportunities.