Approved foreign exchange business in April 2016

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

1.  Appointment of Mega International Commercial Bank as settlement bank of foreign currencies other than USD, RMB, JPY and EUR.

2.  Conference of counterfeit United States note identification with instructor from United States Secret Service.

3.  Amendment of “Directions Governing Banking Enterprises for Operating Foreign Exchange Business”.

4.  KGI Securities to engage in foreign exchange forward and swap between foreign currencies related to the securities business.

5.  Fund Rich Securities to engage in consignment trading of onshore and offshore funds.

6.  BNP Paribas Investment Partners Taiwan Co., Ltd to act as the domestic trustee of private placement offshore funds to manage the sale of funds to specific clients.