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Enforcement Letter

Organisation
Organisation	Order of the Financial Supervisory Commission
Issue No.
Issue No.	Financial-Supervisory-Securities-Futures 1140380894 CH
Issue Date
Issue Date	2025/03/18
Content
Content	Public Announcement of the Financial Supervisory Commission Issue date: 18 March 2025 Issue no.: Financial-Supervisory-Securities-Futures-1140380894 Subject: The scope is hereby set for futures trading that is conducted outside futures exchanges, but that the Competent Authority requires to be centrally cleared under the proviso of Article 3, paragraph 2 of the Futures Trading Act, and takes effect from 1 July 2025. Basis: Proviso of Article 3, paragraph 2 of the Futures Trading Act. Public announcement: Applicable products: TWD interest rate swaps that the Taiwan Futures Exchange Corporation accepts for central clearing. Applicable entities: parties to transactions in which each of the two parties is a bank (including a Taiwan branch of a foreign bank), securities firm, bills finance company, insurance company, trust enterprise, leverage transaction merchant, or other financial institution designated by the FSC that the FSC approves to engage in financial derivatives trading or handle financial derivatives business. Central clearing matters shall be handled according to the Taiwan Futures Exchange OTC Derivative Clearing Operating Rules and OTC Derivative Clearing Enforcement Rules.