Regulations Governing Foreign Exchange Business of Insurance Enterprises Article 4

An insurance enterprise shall apply to the Bank to engage in foreign exchange business, and may engage in foreign exchange business only after being approved.An insurance enterprise may apply to engage in all or some of the business categories listed in the preceding Article, and the Bank may approve on a category by category basis according to the needs of the insurance enterprise's business. For approved businesses provided in Subparagraph 8 of the same article, the Bank may set forth or specify in the letter of approval other matters of compliance.Foreign exchange business may not be operated without the approval of the Bank.
中文原文 保險業辦理外匯業務管理辦法第4條
保險業有關外匯業務之經營,應向本行申請許可後,始得辦理。
保險業得申請辦理前條各款全部或一部之業務項目,並由本行依其業務需要,於該條各款範圍內分別許可之;本行並得就同條第八款許可之業務,另訂或於許可函中載明其他應遵循事項。
未經本行許可之外匯業務不得辦理之。

English translation for reference only; the Chinese text prevails. Not legal advice.