Approved foreign exchange business in December 2024

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

1. CTBC Bank to issue dollar-denominated senior unsecured structured notes linked to equity derivatives.
2. Standard Chartered Bank (Taiwan) to issue a dollar-denominated long term subordinated unsecured bond.
3. Taishin International Bank to engage in non-principal protected structured products composed of foreign currency bond options linked to foreign currency principals.
4. Fubon Securities to authorize branches to sell foreign exchange derivatives.
5. KGI Securities to act as a participating dealer for a domestically issued foreign currency-denominated ETF.
6. As of the end of December 2024, there were 3,459 authorized banks, including 3,419 domestic banks, 3 Mainland banks, and 37 foreign banks.