Approved foreign exchange business in September 2025

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

1. Shin Kong Life Insurance to engage in wealth management business involving foreign exchange.

2. China Construction Bank Taipei Branch to issue foreign currency denominated negotiable certificates of deposit.

3. Bank SinoPac to engage in foreign currency denominated collective investment trust account business.

4. One branch of one bank to operate the foreign exchange business. As of the end of September 2025, there were 3,451 authorized banks, including 3,411 domestic banks, 3 Mainland banks, and 37 foreign banks.