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

II.　　Certificate application and revocation procedures

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.

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.

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.

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.

9.To ensure the effectiveness of online operations, online units shall regularly
　test private keys, query the certificate status, and test the system connection.