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Approved foreign exchange business in March 2020

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE                                                Release Date: April 13, 2020               

pproved foreign exchange business in March 2020

In line with the policy of promoting the liberalization, internationalization, and development of the foreign exchange market, the Bank approved the following:

  1. President Securities to issue Exchange Traded Notes tracking the performance of a foreign index.

  2. As of the end of March 2020, there were 3,460 authorized banks, including 3,422 domestic banks, 3 Mainland banks, and 35 foreign banks.

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