Regulations Governing Internal Operating Systems and Procedures for Banks Conducting Financial Derivatives Business Article 10

A bankthat engagesin financial derivatives business may, in view of business needs, apply to the Commission for approval to allow itsdesignatedforeign exchange branchesto conduct the business of recommending financial derivatives under the authorization of the head office; where there are subsequently changes to the recommended products, branches and personnel authorized to conduct the recommendation business, the head office shall maintain and control the relevant data and list.The rules regarding a bank's head office authorizing its designated foreign exchange branches to conduct the business of recommending financial derivatives shall be draftedby The Bankers Associationof The Republic Of China(referred to as the "Bankers Association" hereunder) and submitted to the Commission for reference.