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

1.    Taipei Fubon Commercial Bank and Shanghai Commercial and Savings Bank to issue  dollar-denominated senior unsecured notes.

2.    Taishin International Bank to engage in non-principal protected structured products composed of gold options linked to gold account.

3.    UBS A.G. Taipei Branch to authorize its designated branches to recommend foreign exchange derivatives products.

4.    PIMCO Taiwan Ltd. and UBP Asset Management Ltd. to act as a single master agent in offering and selling offshore funds in Taiwan.

5.    One branch of one bank to operate foreign exchange business. As of the end of November 2018, there were 3,444 authorized banks, including 3,406 domestic banks, 3 Mainland banks, and 35 foreign banks.