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Enforcement Letter

Organisation
Organisation Order of the Financial Supervisory Commission
Issue No.
Issue No. Financial-Supervisory-Securities-Firms 1110383667CH
Issue Date
Issue Date 2022/09/12
Content
Content     Public Announcement of the Financial Supervisory Commission

    Issue date: 12 September 2022
    Issue no.: Financial-Supervisory-Securities-Firms-1110383667

  1. Pursuant to Article 4, paragraph 1, subparagraph 6 of the Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals, New Taiwan dollar bonds issued in Taiwan by international financial institutions are approved as within the scope of securities in which offshore overseas Chinese and foreign nationals may invest.
  2. If an offshore overseas Chinese or foreign national investing in an aforementioned bond requests for the bond to be redeemed overseas, it shall be deemed an outward remittance of investment capital. The information shall be recorded in the accounts as set out in Article 22 of the Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals, and reported within 5 days to the competent authority for foreign exchange business, and at the same time the information shall be provided to the TWSE for registration.
  3. This Order is effective from this day forward. The 10 July 1997 Letter No. (86)-Taiwan-Finance-Securities-(4)-49004 of the former Securities and Futures Commission, Ministry of Finance shall, pursuant to the 12 September 2022 Order No. Financial-Supervisory-Securities-Firms-11103836673 of the Financial Supervisory Commission, cease to apply from this day forward.
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