Approved foreign exchange business in April 2023

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

1. Bank of Communications Taipei Branch to issue foreign currency denominated negotiable certificates of deposit.
2. Fubon Futures Co., Ltd., concurrently operating a leverage transaction merchant, to conduct foreign currency denominated contracts for differences (CFDs) linked to foreign equities (including foreign ETFs).
3. As of the end of April 2023, there were 3,453 authorized banks, including 3,413 domestic banks, 3 Mainland banks, and 37 foreign banks.