July 2017
The FSC issued a directive to allow securities firms to handle relevant spot foreign exchange trading business
2017.5.22
Sophia Tsai
Effective immediately, the Financial Supervisory Commission (hereinafter, the "FSC") issued the Jin-Guan-Zheng-Chuan-10600152051 Directive of May 22, 2017 (hereinafter, the "Directive") to amend relevant business requirements for spot foreign exchange trading.
Pursuant to the proviso of Article 45, Paragraph 1 of the Securities and Exchange Law, this Directive allows securities firms to handle spot foreign exchange trading business relating to securities business if they have applied to the Central Bank for spot foreign exchange business relating to securities business in accordance with the Regulations Governing Foreign Exchange Business Handled by Securities Enterprises and received an approval. This requirement came into effect immediately. The previous Jin-Guan-Zheng-Chuan-1030006062 Directive of March 17, 2014 became void immediately.
Sophia Tsai
Effective immediately, the Financial Supervisory Commission (hereinafter, the "FSC") issued the Jin-Guan-Zheng-Chuan-10600152051 Directive of May 22, 2017 (hereinafter, the "Directive") to amend relevant business requirements for spot foreign exchange trading.
Pursuant to the proviso of Article 45, Paragraph 1 of the Securities and Exchange Law, this Directive allows securities firms to handle spot foreign exchange trading business relating to securities business if they have applied to the Central Bank for spot foreign exchange business relating to securities business in accordance with the Regulations Governing Foreign Exchange Business Handled by Securities Enterprises and received an approval. This requirement came into effect immediately. The previous Jin-Guan-Zheng-Chuan-1030006062 Directive of March 17, 2014 became void immediately.
