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Laws and Regulations Database of the Central Bank of the Republic of China-Clause View
24.

24. Under any of the following circumstances, the Bank may issue a letter of notification to dealers requesting rectification:

(1)Failure to participate in auction or placement of bonds.

(2)Participate in auctions with all bids invalid.

(3)Submit Competitive bids at prices or yields significantly below or above prevailing bond market conditions.

(4)Failure to submit relevant documents truthfully within the prescribed period of time.

(5)Failure to perform matters relating to electronic on-line bidding in accordance with the applicable regulations.

(6)Failure to comply with Central Bank regulations related to government bonds .

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