Reported about 1 year ago
The Central Bank announced two new regulations on July 4 regarding the simplification of banking and forex brokers' exchange services. To streamline the handling of exchange operations by banks and forex brokers and comply with the revised regulations set by the Financial Supervisory Commission, these new rules are effective immediately. The revisions aim to simplify procedures for banks, align with overseeing trust cases for securities investment funds, and accommodate the dual-currency ETF trading business, ultimately enhancing operational efficiency for domestic enterprises.
Source: YAHOO