Regulations Governing Foreign Exchange Business of Banking Enterprises Article 17-1

(Application for Other Foreign Currency Trust Businesses)An authorized bank concurrently conducting the trust business that engages in foreign currency trust businesses other than those under the preceding two articles shall submit the following documents to the Bank for approval:1.Approval documents from the competent authority or relevant supporting documents that meet the requirements under Article 5 of the Regulations Governing the Scope of Business, Restrictions on Transfer of Beneficiary Rights, Risk Disclosure, Marketing, and Conclusion of Contract by Trust Enterprises;2.Description of operations (exempted for applications for engaging in the foreign currency money trust or foreign currency securities trust), which should include the following particulars:(1)Name of business (according to the business activities and classification provided in Article 16 of the Trust Enterprise Act and Articles 6~8 of the Enforcement Rules of the Trust Enterprise Act);(2)Introduction of business;(3)Operation process; and(4)Description of receipts and payments of funds;3.A resolution made by the board of directors of a domestic bank or the Agricultural Bank of Taiwan to engage in the business or a letter of authorization from the head office or the regional headquarters of a foreign bank;4.A regulatory compliance statement; and5.Other documents required by the Bank.