These regulations are prescribed pursuant to Paragraph 2, Article 35 of the Central Bank of the Republic of China（Taiwan） Act.

The provisions of these Regulations relating to insurance enterprises shall govern insurance enterprises and foreign insurance enterprises as defined in the Insurance Act.

Insurance enterprises may engage in the following categories of foreign exchange business:
1.Life insurance business using foreign currency for receipt and payment;
2.Non-life insurance business using foreign currency for receipt and payment, limited to those businesses approved by the Financial Supervisory Commission ("FSC");
3.Reinsurance business using foreign currency for receipt and payment;
4.Investment-linked annuity insurance using foreign currency for receipt and payment which meets the following criteria：he insurance is transformed into a general account spot annuity insurance at the expiration of the accumulated period and then the annuity is paid in New Taiwan dollars；
5.Foreign currency loans under which insurance policies referred to in the subparagraph 1, above, are pledged as loan collateral;
6.Wealth management business involving foreign exchange transactions;
7.Foreign currency loans made as one of the participants of a foreign currency syndicated loan.
8.Other foreign exchange businesses approved by the Central Bank of the Republic of China（Taiwan）(hereinafter referred to as the“Bank”).