Tseng,Ming-Chung Tseng,Ming-Chung Stage : 10 Gender : Male Party : KMT Party organization : KMT Electoral District : Nationwide and Overseas Committees : Stage 10 Session 3 : Constitutional Amendment CommitteeStage 10 Session 4 : Finance CommitteeStage 10 Session 7 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 7 : Procedure CommitteeStage 10 Session 7 : Expenditure Examination CommitteeStage 10 Session 8 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 8 : Procedure CommitteeStage 10 Session 3 : Discipline CommitteeStage 10 Session 5 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 5 : Procedure CommitteeStage 10 Session 3 : Procedure CommitteeStage 10 Session 8 : Expenditure Examination CommitteeStage 10 Session 6 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 6 : Procedure CommitteeStage 10 Session 2 : Procedure CommitteeStage 10 Session 2 : Constitutional Amendment CommitteeStage 10 Session 3 : Finance CommitteeStage 10 Session 1 : Finance CommitteeStage 10 Session 1 : Procedure CommitteeStage 10 Session 4 : Procedure CommitteeStage 10 Session 2 : Finance Committee Date of commencement : 2020/02/01 Telephone Legislature Research Office: 02-2358-8286 Fax Legislature Research Office: 02-2358-8290 Address Legislature Research Office: Room 3405, No. 1, Qingdao East Road, Zhongzheng District, Taipei City, 10051 Education Ph.D., Business Administration, National Taipei University, Taiwan Honorary Doctorate, National Kaohsiung University of Science and Technology, Taiwan Work Experience Deputy General Manager/ General Manager, Taiwan Cooperative Bank Deputy Director, Banking Bureau/ Director, Financial Examination Bureau, Financial Supervisory Commission (FSC) Administrative Deputy Minister/ Political Deputy Minister, Ministry of Finance; Executive Secretary, National Financial Stabilization Fund Political Deputy Minister, Ministry of Finance; Chairperson, Taiwan Financial Holdings/Bank of Taiwan Chairperson, FSC Chair Professor, National Taipei University Secretary/ Coordinator, KMT Caucus, Legislative Yuan; Acting Secretary, KMT Others: 1. Deputy Minister, Ministry of Finance (2008 - 2013) Also Served as Executive Secretary of the National Financial Stabilization Fund. During the periods of Aug. - Dec. 2008 and Dec. 2011 to Jan. 2012, executed two entries of the stock market for financial stabilization, with a profit of NT$37.4 billion,controbuting not only the fluidity and stability to the stock market but also the income of the National Treasury. In addition, coordinated the public banks to research Youth’s Housing Subsidy Program, which offers preferential mortgages to first time housing purchases, and has to date subsidized more than 280,000 households, with an accumulated subsidy amount of NT$1.1 trillion; effectively assisting youths in establishing their own households. 2. Chairperson, FSC (2013-2016) During tenure, promoted finance investments in Asia, substituted financial imports, offshore banking units business prohibition list, as well as the takeover of three problem insurers, including Happy Life Insurance Co.; also established systematic offshore insurance unit businesses, set up reprimands for insurance business issues, allowing same-day write-off transactions, increased the rise/decline rate to 10% and established Go Incubation Board for Startup and Acceleration Firms (GISA) system, all with outstanding performance. This led to the recognition of being the most innovative chairperson of the FSC, and was honored with the Order of the Brilliant Star by the Presidential Office. 3. Awarded the K.T. Lee Administration Medal by the Chinese Management Association in 2014 4. Legislative Proposal Performances: (1) In order to maintain financial order and stability, and to protect the rights of consumers, increased the fines imposed by the Banking Act (promulgated by the presidential office on Apr. 17th, 2019) and the Financial Company Holding Act (promulgated by the presidential office on Jan. 16th, 2019), comprehensively deterred the profiteering of financial institutes and contributed to the maintenance of financial stability of the country.
Tseng,Ming-Chung Stage : 10 Gender : Male Party : KMT Party organization : KMT Electoral District : Nationwide and Overseas Committees : Stage 10 Session 3 : Constitutional Amendment CommitteeStage 10 Session 4 : Finance CommitteeStage 10 Session 7 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 7 : Procedure CommitteeStage 10 Session 7 : Expenditure Examination CommitteeStage 10 Session 8 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 8 : Procedure CommitteeStage 10 Session 3 : Discipline CommitteeStage 10 Session 5 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 5 : Procedure CommitteeStage 10 Session 3 : Procedure CommitteeStage 10 Session 8 : Expenditure Examination CommitteeStage 10 Session 6 : Judiciary and Organic Laws and Statutes CommitteeStage 10 Session 6 : Procedure CommitteeStage 10 Session 2 : Procedure CommitteeStage 10 Session 2 : Constitutional Amendment CommitteeStage 10 Session 3 : Finance CommitteeStage 10 Session 1 : Finance CommitteeStage 10 Session 1 : Procedure CommitteeStage 10 Session 4 : Procedure CommitteeStage 10 Session 2 : Finance Committee Date of commencement : 2020/02/01 Telephone Legislature Research Office: 02-2358-8286 Fax Legislature Research Office: 02-2358-8290 Address Legislature Research Office: Room 3405, No. 1, Qingdao East Road, Zhongzheng District, Taipei City, 10051 Education Ph.D., Business Administration, National Taipei University, Taiwan Honorary Doctorate, National Kaohsiung University of Science and Technology, Taiwan Work Experience Deputy General Manager/ General Manager, Taiwan Cooperative Bank Deputy Director, Banking Bureau/ Director, Financial Examination Bureau, Financial Supervisory Commission (FSC) Administrative Deputy Minister/ Political Deputy Minister, Ministry of Finance; Executive Secretary, National Financial Stabilization Fund Political Deputy Minister, Ministry of Finance; Chairperson, Taiwan Financial Holdings/Bank of Taiwan Chairperson, FSC Chair Professor, National Taipei University Secretary/ Coordinator, KMT Caucus, Legislative Yuan; Acting Secretary, KMT Others: 1. Deputy Minister, Ministry of Finance (2008 - 2013) Also Served as Executive Secretary of the National Financial Stabilization Fund. During the periods of Aug. - Dec. 2008 and Dec. 2011 to Jan. 2012, executed two entries of the stock market for financial stabilization, with a profit of NT$37.4 billion,controbuting not only the fluidity and stability to the stock market but also the income of the National Treasury. In addition, coordinated the public banks to research Youth’s Housing Subsidy Program, which offers preferential mortgages to first time housing purchases, and has to date subsidized more than 280,000 households, with an accumulated subsidy amount of NT$1.1 trillion; effectively assisting youths in establishing their own households. 2. Chairperson, FSC (2013-2016) During tenure, promoted finance investments in Asia, substituted financial imports, offshore banking units business prohibition list, as well as the takeover of three problem insurers, including Happy Life Insurance Co.; also established systematic offshore insurance unit businesses, set up reprimands for insurance business issues, allowing same-day write-off transactions, increased the rise/decline rate to 10% and established Go Incubation Board for Startup and Acceleration Firms (GISA) system, all with outstanding performance. This led to the recognition of being the most innovative chairperson of the FSC, and was honored with the Order of the Brilliant Star by the Presidential Office. 3. Awarded the K.T. Lee Administration Medal by the Chinese Management Association in 2014 4. Legislative Proposal Performances: (1) In order to maintain financial order and stability, and to protect the rights of consumers, increased the fines imposed by the Banking Act (promulgated by the presidential office on Apr. 17th, 2019) and the Financial Company Holding Act (promulgated by the presidential office on Jan. 16th, 2019), comprehensively deterred the profiteering of financial institutes and contributed to the maintenance of financial stability of the country.
