Regulatory Alerts2021-09-14
Added · Updated
Regulations Governing Foreign Exchange Brokers
The Central Bank of the Republic of China (Taiwan) amended the Regulations Governing Foreign Exchange Brokers, effective September 16, 2021, to update investment limits and related party definitions. The amendments specify that financial institution investors may hold up to 10 percent of a broker's capital, while non-financial investors are capped at 20 percent, with a six-month compliance window for existing holdings. The regulations also define related parties for natural and juristic persons and maintain requirements for minimum registered capital of 100 million New Taiwan dollars, dealer qualifications, and reporting obligations.
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