Article 2
The term “foreign exchange broker” as used in these Regulations shall mean a profit-seeking business permitted by the Central Bank of the Republic of China(Taiwan) (hereinafter referred to as the Bank) after consulting with the Financial Supervisory Commission (hereinafter referred to as the “FSC”)and having a business license issued by the FSC to engage in part or all of the following brokerage businesses:
1. Buying and selling foreign exchange;
2. Foreign currency call loans;
3. Foreign exchange swaps; and
4. Other foreign exchange business permitted.
With the approval of the Bank, in consultation with the FSC, a foreign exchange broker may also conduct the New Taiwan dollar intermediary business related to items referred to in the preceding paragraph.
No intermediary business related to the preceding two paragraphs shall be proceeded without permission.