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 engage in foreign currency denominated collective investment trust account business.

2.     Taipei Fubon Commercial Bank, Hua Nan Commercial Bank, Far Eastern International Bank, Taiwan Cooperative Bank, and Taichung Commercial Bank to authorize designated branches to recommend foreign exchange derivatives.

3.     E. Sun Commercial Bank to issue a dollar-denominated senior unsecured note.

4.     Hua Nan Commercial Bank 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 foreign exchange business. As of the end of March 2019, there were 3,440 authorized banks, including 3,402 domestic banks, 3 Mainland banks, and 35 foreign banks.