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Laws and Regulations Database of the Central Bank of the Republic of China-Clause View

Senior dealers of a foreign exchange broker shall meet at least one of the following requirements:

1.Having worked for more than a year as a dealer in a reputable overseas or domestic foreign exchange broker;

2.Having worked for more than two years as a dealer in an overseas or domestic bank or having had a job relevant to the foreign exchange business for more than four years; and

3.Having the approval of the Bank.

At least half of the dealers of a foreign exchange broker shall be senior dealers. A foreign exchange broker shall inform the Bank of changes of associated dealers.

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