萬國法律事務所

Taiwan’s Central Bank has made a decision, effective from October 20, 2004, to permit qualified foreign-exchange domestic banking units (DBUs) to offer account management services in connection with the trading of foreign exchange margins.

The clients of such banks will be authorized to instruct banks to utilize their foreign-currency deposits for the purpose of margin trading in foreign exchange dealings. This particular liberalization is aimed at facilitating a reduction in the number of illegal underground foreign exchange transactions and possible disputes that can potentially arise between traders and their clients in this regard.