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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 Securities Enterprises Open new window for Chinese

Announced Date:December 26, 2013

Date:Amended on December 28, 2017(effective from December 30, 2017)

[Law Basis] [Print]

Subsection 5  Business of Trading Foreign Bonds as an Agent

〈Application to engage in trading in foreign bonds as an agent〉
Article 29  
A securities enterprise that intends to trade foreign bonds as an agent shall apply to the Bank for approval by submitting documents provided in Article 7 herein, and in addition, a business plan (including business profile, operating process and risk management).

〈Receipt/payment associated with the business of trading foreign bonds as an agent〉
Article 30  
When a securities enterprise trades foreign bonds as an agent, payment shall be remitted by the buyer directly into an account designated by the foreign financial institution. The receipt/payment for investment, redemption, and settlement, fees charged by the foreign financial institution and other fees shall be made in foreign currency.
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