Corporate Governance has been a widely discussed topic in the U.S. since the 1930s. Following the Asian financial crisis in 1997 and the financial frauds of US companies including Enron and Worldcom in 2001, a consensus among authorities and investors around the world has gradually formed. That is, Corporate Governance systems are fundamental infrastructures for the sound development of financial markets. Based on this belief, many countries have been devoted to promoting and implementing Corporate Governance.

The Financial Supervisory Commission (FSC) has also been actively supporting Corporate Governance to ensure that it is effectively carried out to raise corporate competitiveness. Toward this end, the FSC holds the annual Taipei Corporate Governance Forum, inviting financial experts and business managers from both home and abroad to join. Participants share latest information on Corporate Governance and exchange opinions on relevant policy and practice. The Forum enters its eighth year in 2011.

Major trends in international financial markets are the key agenda of this Forum. Many interesting issues on the subject of Corporate Governance are discussed in the past seven years, including Board functions, shareholder rights, Information transparency, the responsibilities of supervisory authorities, insider trading regulations, and so on. The TAICGOF serves as a regional forum for sharing experience and has an excellent reputation for promoting Corporate Governance consistently. It also improves the Corporate Governance implementation of listed companies.

The FSC invites outstanding experts to help understand the latest OECD Principles of Corporate Governance and latest issues in international financial markets. In the past seven years, representatives from the OECD Steering Group on Corporate Governance, and experts from South Korea, Hong Kong and other Asian countries delivered speeches. In addition, representatives from securities exchange authorities of the U.S., Germany and Australia shared their experiences as well. The number of participants grew to over 750 persons in the latest Forum. The expansion is parallel to the progress of Taiwan's authorities and listed companies in Corporate Governance works.

The 7th Taipei Corporate Governance Forum will be held at the Howard Civil Service International House on November 24-25, 2011. The scale and scope of this year's Forum will surpass former years, a clear indication of the determination of Taiwan's authorities and listed companies to carry out Corporate Governance.