Jaclyn Tsai
Name: Jaclyn Tsai
Firm Name: Lee Tsai & Partners
Jurisdiction: Taiwan
Practice Area: FinTech Law

Telephone: 886.2.2378.5780
Fax: 886.2.2378.5781
Email: jaclyntsai@leetsai.com

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Professional Biography:

Jaclyn Tsai has a great deal of experience not only in private sector but also in public sector. She currently serves as the Chairperson of Taiwan Fintech Association. She specializes in fintech laws and regulations with a focus on blockchain technology and the self-regulation of initial coin offerings. Ms. Tsai is one of the promoters of the Global ICO Transparency Alliance and the Taiwan Crypto Blockchain Self-Regulatory Organization. She is now also the Chairperson of Taiwan Women On Boards Association.

In 2013, Jaclyn was invited to serve as the Minister without Portfolio in the Executive Yuan (Cabinet) and became one of the few female ministers in the government. During her term as Minister without Portfolio, she took responsibilities mainly in areas of cross-ministries affairs, e.g. the accommodation of laws and regulations relating to virtual world development, e-commerce, shared economy, digital convergence, startup environment, open data.

In addition, Jaclyn previously served as a District Court judge, and then worked at IBM as the General Counsel in Greater China. She founded Lee, Tsai & Partners in 1998 and specializes in technology law, M&A and investment matters.

EXPERIENCE

  • Minister without Portfolio, Executive Yuan(Cabinet) (Nov. 7, 2013 – May 19, 2016)
    -Convener, Virtual World Law Adjustment Taskforce, Executive Yuan(Cabinet)
    -Convener, E-commerce Development Taskforce, Executive Yuan(Cabinet)
    -Deputy Convener, Innovation and Startups Taskforce, Executive Yuan(Cabinet)
    -Convener, Mobile Broadband Service and Industry Development Taskforce, Executive Yuan(Cabinet)
    -Deputy Convener, National Information and Communications Initiative Committee, Executive Yuan(Cabinet)
    -Member, Open Data Advisory Taskforce, Executive Yuan(Cabinet)
  • General Counsel of IBM Greater China Group (China, Hong Kong, Taiwan) (1996 – 1998)
  • General Counsel of IBM Taiwan(1991-1996)
  • Judge of Taipei, Shih-Lin, Taoyuan and Chang Hwa District Courts(1982-1991)

POLICIES AND PLANS PROPOSED AS MINISTER WITHOUT PORTFOLIO

– FinTech
* Promoted the development of FinTech business opportunities in Taiwan
* Participated in the legislative development of the Financial Technology Innovation Experimentation Act

– vTaiwan Virtual World Law Adjustment Forum
* Worked with g0v volunteers in establishing the “vTaiwan Virtual World Law Adjustment Taskforce” forum to promote harmonization and accommodation of         current laws as applied in virtual world contexts so that the quality of how policies are established and amendments are made is improved, thereby accelerating the promotion process.

– E-Commerce
* Strong push for e-commerce related laws and industrial development policies.
* Worked on reviewing and promoting the Regulations Managing Electronic Payment Institutions (third party payments) for successful passage into law.

– The Addition of Dedicated Provisions for “Closed Companies” in the Company Act

– Promoted “Entrepreneur Visas”

– Promoted Allowing Equity-Based Private Crowdfunding

– Promoted Policies Allowing More Hiring of Skilled Foreign Workers in Taiwan

 

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