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

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

Announced Date:July 23, 2003

Date:Fabruary 15, 2019(Effective from Fabruary 17, 2019)

[Law Basis] [Print]

Chapter 5  Supplementary Provisions

〈Mutatis Mutandis Application to Branches of Mainland China Banks in Taiwan〉
Article 53
The provisions of these Regulations regarding foreign banks shall apply mutatis mutandis to branches of Mainland China banks established in Taiwan area under the approval of the FSC.

〈Administrative Enforcement〉
Article 54
The Bank may take action pursuant to the provisions of the Administrative Enforcement Law against any banking enterprise that fails to operate in accordance with the provisions of these Regulations.

〈Date of Implementation〉
Article 55
These Regulations shall come into force on the date of promulgation.
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