Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

1. The Central Bank of the Republic of China (Taiwan)(hereafter referred to as "the Bank") has prescribed these Directions to establish an online network operation system for the Bank's open market operations (hereafter referred to as "this System").

2. Except where provided for in these directions, relevant operations of this System shall be conducted in compliance with the "Electronic Signatures Law", "Directions for Open Market Operations by the Central Bank of the Republic of China (Taiwan)", "Directions Governing Designated Dealers for Open Market Operations", "the Government Certification Authority Certificate Practice Statement", "the MOEA Certification Authority Certificate Practice Statement" and other relevant laws and regulations.

3. This System shall employ a digital signature mechanism to transmit information ; the Government Certification Authority and the MOEA Certification Authority shall provide authentication and certificate issuance and management services, accept online institutions' applications for issuance or revocation of certificates and private keys and verify identities based on their respective Certification Practice Statement.

4. Financial institutions intending to apply to participate in this System as online units shall submit official letters and "Application for Open Market Operations Online Network Operation System" (Form 1) to the Department of Banking of the Bank (hereafter referred to as "the Department of the Banking").