Approved foreign exchange business in June 2021

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

1. KGI Bank to engage in certifying, underwriting, brokering and trading onshore foreign currency bills business.

2. Bank SinoPac to engage in non-discretionary individually managed securities trust business denominated in foreign currencies.

3. KGI Bank to provide digital foreign exchange deposit account opening service to customers.

4. First Commercial Bank to engage in principal protected structured products composed of domestic equity (includingindex ) options linked to foreign currency principals.

5. J.P. Morgan Securities (Taiwan) to underwrite foreign currency denominated international bonds.

6. As of the end of June 2021, there were 3,464 authorized banks, including 3,426 domestic banks, 3 Mainland banks, and 35 foreign banks.