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

Subsection 2　　Proprietary Trading of Foreign Securities Business

Article 23   
A securities enterprise that has obtained the qualification to engage in 
proprietary trading of domestic bonds may also engage in proprietary trading of 
foreign securities without making an application. However if such trading is 
neither an investment of proprietary funds nor done to meet hedging purposes, 
the securities enterprise shall apply to the Bank for approval by submitting 
documents provided in Article 7 herein and photocopies of the latest CPA 
audited or certified financial statements, procedures for handling 
receipt/payment, process description and other documents required by the Bank.

Article 24  
When a securities enterprise engages in business mentioned in the preceding 
article, related receipt/payment shall always be made in the denominated 
currency of the security.