Central Bank of the Republic of China（Taiwan）

 PRESS RELEASE                                                          Release Date: April 14, 2025                         

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

1. The Shanghai Commercial & Savings Bank to engage in foreign currency interest rate swaps.

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

3. Amundi Taiwan Limited to act as the local mandated agent of an offshore fund institution and conduct private placement to specified counterparties.

4. One branch of one bank to operate the foreign exchange business. As of the end of March 2025, there were 3,455 authorized banks, including 3,415 domestic banks, 3 Mainland banks, and 37 foreign banks.