Regulations Governing Investment in Securities by Overseas Compatriots and Foreign Nationals Article 22

A custodian institution shall establish accounts in which information on the utilization of the funds and securities inventories of each offshore overseas compatriots or foreign national shall be recorded on a daily basis, and the previous day's inward and outward remittances shall be reported to the competent authority for foreign exchange business. Within 10 days of the end of each month, such party shall produce a statement of trades, inward and outward remittances of funds, and securities inventories for the previous month; this information shall be reported to the competent authority for foreign exchange business, and shall at the same time be provided to the TWSE for registration.