Title:
Online Network Operation Directions for the Central Bank of the Republic of China's (Taiwan) Open Market Operations
Inactive Regulations
Announced Date:April 16, 2003
Date:December 15, 2010
II. Certificate application and revocation procedures
(Certificate application and registration)
5. Upon obtaining the Department of Banking's approval as online units in accordance with the application procedures in the foregoing Direction, and having been issued user identifications and initial passwords, if the financial institution is a company, such financial institution shall submit certificate applications in accordance with the Certification Practice Statement of the MOEA Certification Authority. If the financial institution is not a company, such a financial institution shall submit certificate applications for approval as an online unit in accordance with the Certification Practice Statement of the Government Certification Authority of the Research, Development, and Evaluation Commission, Executive Yuan. Upon the completion of the certificate application, such financial institutions shall fill out a "Certificate data for Open Market Operations Online Network Unit" (Form 2) and submit it with an official letter to the Department of Banking for data registration.
(Application and registration change for revocation of certificate)
6. In the event that an online unit must revoke its certificate, it shall submit an application to revoke its certificate in accordance with the Certification Practice Statement of the MOEA Certification Authority or the Certification Practice Statement of the Government Certification Authority of the Research, Development, and Evaluation Commission, Executive Yuan. Upon completion of the revocation of its certificate, such an online unit shall fill out a "Certificate Revocation Data for Open Market Operations Online Network Unit" (Form3) and submit it with an official letter to the Department of Banking to change the data registration.
(Change of authorized executive)
7. In the event that an online unit reassigns an authorized executive, it is required to transfer the user identifications and passwords issued by the Department of Banking by its own accord. The succeeding authorized executive shall change his passwords, and accordingly summit basic data including the executive's name, title, organization, phone number, fax number, and e-mail address to the Department of Banking with an official letter for future reference. In the event that the liaison person on " The Central Bank of the Republic of China's Open Market Operations Online Network Unit Certificate Data Form " has changed, the online unit shall fill out "Contact Information Amendment for Open Market Operations Online Network Unit" (Form 4) and summit it with an official letter to the Department of Banking for future Liaison Person reference.
(Security control of online units)
8. All online units shall establish rigorous security procedures, including the management of certificate, user identification and password, and build an independent security operation environment. Security procedures shall be implemented in accordance with relevant regulations. The online unit shall bear responsibility for all losses caused by negligent.
(Certificate checking and system testing)