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

1. Cathay United Bank to engage in non-discretionary individually managed securities trust business denominated in foreign currencies.

2. CTBC Bank to issue dollar-denominated senior unsecured structured notes linked to equity derivatives.

3. Two branches of two banks to operate the foreign exchange business. As of the end of September 2023, there were 3,464 authorized banks, including 3,424 domestic banks, 3 Mainland banks, and 37 foreign banks.