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

When engaging in foreign exchange derivatives business listed in Subparagraph 7, Paragraph 1, Article 4, the operations and management personnel of an authorized bank shall meet at least one of the following qualifications:

1.To have completed courses on derivatives and risk management held by domestic or foreign financial training institutions, the total amount time spent on attending the courses shall be at least 3 months;

2.To hold a foreign exchange derivatives business license;

3.To have one year training or internship in foreign exchange derivatives business at a domestic or foreign financial institution;

4.To have at least six-month working experience in foreign exchange derivatives business at domestic or foreign financial institutions.