Approved foreign exchange business in May 2026
Central Bank of the Republic of China(Taiwan)
PRESS RELEASE Release Date: June 12, 2026
Approved foreign exchange business in May 2026
In line with the policy of promoting the liberalization, internationalization, and development of the foreign exchange market, the Bank approved the following:
1.Taishin International Bank to issue foreign currency denominated negotiable certificates of deposit.
2.Bank SinoPac to engage in principal protected structured products composed of foreign currency interest rate swaps linked to foreign currency principals.
3.PCA Life Assurance to engage in wealth management business involving foreign exchange.
4.Fubon Securities to engage in principal protected structured products composed of foreign currency interest rate options linked to foreign currency principals.
5.One branch of one bank to operate the foreign exchange business. As of the end of May 2026, there were 3,450 authorized banks, including 3,410 domestic banks, 3 Mainland banks, and 37 foreign banks.
