Regulations Governing Offshore Securities Branches Article 12
An offshore securities branch that conducts foreign currency derivatives business shall first assess the associated risks and benefits, adopt related management strategies and operating rules, and apply to the FSC.After an offshore securities branch has received approval to engage in foreign currency derivatives business, in its handling of any individual foreign currency derivatives, unless specifically approved by the competent authority, the denominating currency may not be New Taiwan Dollars, and the linked underlying may not be a New Taiwan Dollar exchange rate, a New Taiwan Dollar interest rate index, or a New Taiwan Dollar denominated product, and further, no investment portfolio may involve any product denominated in New Taiwan Dollars.An offshore securities branch that handles foreign currency derivatives for which its head office has already received approval or recordation by the CBC shall submit documentation of that approval or recordation to the FSC for recordation, and notify the CBC.After an offshore securities branch has received FSC approval to conduct foreign currency derivatives business, it may apply to the FSC to handle any already permitted foreign currency derivative product. Except as otherwise provided by the competent authority, when an offshore securities branch applies to handle any such product, then if, within a period of 15 days from the day following the date on which it submits the application document, a description of the product's characteristics, a legal compliance statement, and a risk disclosure statement to the FSC and notifies the CBC, neither the FSC nor the CBC has expressed opposition, it may immediately begin to handle that product. The offshore securities branch, however, may not handle the product for which it is applying during the aforementioned 15-day period.When an offshore securities branch wishes to handle a foreign currency derivative product not yet approved by the FSC, it shall apply to the FSC, and the FSC will approve or reject each individual application after consulting with the CBC.
中文原文 國際證券業務分公司管理辦法第12條
國際證券業務分公司辦理外幣衍生性金融商品業務，應事先評估其風險及效益，並訂定相關經營策略及作業準則，向金管會申請。
國際證券業務分公司經核准辦理外幣衍生性金融商品業務後，對於個別外幣衍生性金融商品之辦理，除經主管機關核准者外，計價幣別不得為新臺幣，連結標的不得為新臺幣匯率、新臺幣利率指標或新臺幣計價商品，且投資標的組合內容亦不得涉及新臺幣計價商品。
國際證券業務分公司辦理總公司業經中央銀行核准或備查之外幣衍生性金融商品，應檢附核准或備查文件向金管會報備，並副知中央銀行。
國際證券業務分公司業經金管會核准辦理外幣衍生性金融商品業務後，得向金管會申請辦理已開放之外幣衍生性金融商品。
國際證券業務分公司申請辦理上述商品，除主管機關另有規定者外，於申請書件、商品特性說明書、法規遵循聲明書及風險預告書等文件函送金管會，並副知中央銀行之次日起十五日內，金管會及中央銀行未表示反對意見者，即可逕行辦理。
但國際證券業務分公司不得於前揭期間內，辦理所申請之商品。
國際證券業務分公司辦理金管會尚未開放之外幣衍生性金融商品，應向金管會申請，並由金管會逐案洽商中央銀行後准駁之。
國際證券業務分公司經核准辦理外幣衍生性金融商品業務後，對於個別外幣衍生性金融商品之辦理，除經主管機關核准者外，計價幣別不得為新臺幣，連結標的不得為新臺幣匯率、新臺幣利率指標或新臺幣計價商品，且投資標的組合內容亦不得涉及新臺幣計價商品。
國際證券業務分公司辦理總公司業經中央銀行核准或備查之外幣衍生性金融商品，應檢附核准或備查文件向金管會報備，並副知中央銀行。
國際證券業務分公司業經金管會核准辦理外幣衍生性金融商品業務後，得向金管會申請辦理已開放之外幣衍生性金融商品。
國際證券業務分公司申請辦理上述商品，除主管機關另有規定者外，於申請書件、商品特性說明書、法規遵循聲明書及風險預告書等文件函送金管會，並副知中央銀行之次日起十五日內，金管會及中央銀行未表示反對意見者，即可逕行辦理。
但國際證券業務分公司不得於前揭期間內，辦理所申請之商品。
國際證券業務分公司辦理金管會尚未開放之外幣衍生性金融商品，應向金管會申請，並由金管會逐案洽商中央銀行後准駁之。