Title:
Regulations Governing Foreign Exchange Brokers
Inactive Regulations
A foreign exchange broker shall report to the Bank for reference and send the FSC a carbon copy of the report in any of the following situations:
1.Commencement, suspension, resumption or termination of business;
2.Changing a director, a supervisor or the responsible person of the branch office of the overseas money broker;
3.Merger or dissolution;
4.Involved in any litigation that arises from the business; and
5.Other matters stipulated by the Bank.