Approved foreign exchange business in February 2023
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: March 13, 2023
Approved foreign exchange business in February 2023
In line with the policy of promoting the liberalization, internationalization, and development of the foreign exchange market, the Bank approved the following:
- Australia and New Zealand Banking Group Limited, Taipei Branch to issue foreign currency denominated negotiable certificates of deposit.
- The Shanghai Commercial & Savings Bank to issue a dollar-denominated senior unsecured structured note linked to exchange rate.
- As of the end of February 2023, there were 3,453 authorized banks, including 3,413 domestic banks, 3 Mainland banks, and 37 foreign banks.