Jump to the main content block
Laws and Regulations Database of the Central Bank of the Republic of China-Article Content

Title: Regulations Governing Foreign Exchange Business of Banking Enterprises Inactive Regulations Open new window for Chinese

Announced Date:July 23, 2003

Date:


Chapter 1 General Provisions

The term " foreign exchange business" as used in these Regulations comprises the following items:

1.Foreign exchange business export related;

2.Foreign exchange business import related;

3.Inward and outward remittances;

4.Foreign currency deposits;

5.Foreign currency loans;

6.Foreign currency payment guarantees;

7.Foreign exchange derivatives business; and

8.Other foreign exchange businesses.

The term "foreign exchange derivatives business" as used in these Regulations shall mean dealing, brokerage and agent activities of contracts involving foreign exchange, and whose values are derived from assets, interest rates, exchange rates, commodities, stock prices, indices, or other related products.

The term "contracts " as used in the preceding paragraph shall mean margin contracts, futures, forward contracts, swaps, options, or other contracts of a similar nature.

:::