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

Subsection 3　　Offshore or Foreign Currency Warrant Business

Article 25 
The business scope of call (put) warrant issued by securities enterprises 
involving foreign exchange (hereinafter referred to as “offshore or foreign 
currency warrant business”) includes the following:
1.For domestic call (put) warrants involving 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 involving 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 26 
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 7 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).