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Laws and Regulations Database of the Central Bank of the Republic of China-Article Content

Title:Regulations Governing Foreign Exchange Brokers Open new window for Chinese

Announced Date:February 26, 2003

Date:September 14, 2021(Effective from September 16, 2021)

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〈Qualifications of Dealers〉
Article 12
Senior dealers of a foreign exchange broker shall meet at least one of the 
following requirements:
1.Having worked for more than a year as a dealer in a reputable overseas or 
 domestic foreign exchange broker;
2.Having worked for more than two years as a dealer in an overseas or domestic
 bank or having had a job relevant to the foreign exchange business for more 
 than four years; and
3.Having the approval of the Bank.
At least half of the dealers of a foreign exchange broker shall be senior dealers.
A foreign exchange broker shall inform the Bank of changes of associated dealers.
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