〈Application to engage in the business of accepting orders to trade foreign securities〉
Article 27
A securities enterprise that intends to accept orders to trade foreign
securities for the first time shall apply to the Bank for approval by
submitting documents provided in Article 7 herein, and in addition, a business
plan (including operational principles and business practice, procedures of
handling of receipt/payment and operating process).
When a securities enterprise already approved by the Bank to accept orders to
trade foreign securities with receipt/payment of settlement and fees in foreign
currency intends to engage in receipt/payment in NTD, the securities enterprise
only needs to submit the following additional documents to the Bank to apply for
approval:
1.A photocopy of the Bank’s letter of approval for the securities enterprise to
accept orders to trade foreign securities with receipt/payment of settlement
and fees in foreign currency;
2.A photocopy of letter of approval from the FSC;
3.A statement supporting that the applicant’s computer system is able to meet
the requirements set out in Article 28 herein regarding receipt/payment in
different currencies; and
4.A description of the controls for receipt/payment of settlement and fees in
different currencies.
