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

Article 35

　The Bank shall undertake the following foreign exchange business:

　1. To draw up plans for foreign exchange management and on
　　　anticipated receipts and payments;

　2. To authorize and supervise banking and other enterprises engaged in
　　　foreign exchange business;

　3. To settle the purchase and sale of foreign exchange;

　4. To examine and approve private outward and inward remittances;

　5. To supervise private enterprises' foreign borrowings guaranteed by
　　　authorized banks, with reference to their management and their
　　　repayment schedule;

　6. To purchase and sell foreign currencies, bills of exchange and
　　　securities;

　7. To calculate, compile, analyse and report the receipts and payments
　　　of foreign exchange;

　8. Other operations relating to foreign exchange.

 Article 35 Paragraph 2

　Regulations governing requirements of application, the examination 
procedure, approval of authorization, the scope of operations, withdrawal 
of authorization, and other matters which banking and other enterprises 
applying to engage in foreign exchange business must comply with, 
shall be prescribed by the Bank.