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

Section 6　　Offshore or Foreign Currency Warrant Business

Article 35 
The scope of business involving call (put) warrant issued overseas or denominated in 
foreign currency (hereinafter referred to as “offshore or foreign currency warrant 
business”) that may be undertaken by securities enterprises includes the following:
1.For domestic call (put) warrants issued with a link to foreign securities or indices
　of foreign securities markets, the scope of the underlying shall conform to relevant 
　regulations stipulated by the FSC.
2.For offshore call (put) warrants issued with a link to domestic securities or indices, 
　the scope of the underlying shall be limited to domestic stocks or baskets of stocks, 
　domestic exchange traded securities investment trust funds, offshore ETFs, and Taiwan 
　depositary receipts. 

Article 36  
A securities enterprise that intends to engage in offshore or foreign currency warrant
business shall apply to the Bank for approval by submitting documents provided in Article
6 herein, and in addition, documents specified below:
1.Qualification certificates issued by the FSC and the competent authority in the place 
　where the offshore warrants will trade; and
2.Business plan (including product profiles, operational guidelines and risk management).