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Article NO. Content

Title:

Regulations Governing Securities Finance Enterprises  CH

Amended Date: 2018.02.12 
Article 57     The proprietary capital of a securities finance enterprise may not be loaned to others or used for other purposes except business operating needs. Utilization of this capital is limited to the following:
  1. Bank deposit.
  2. Purchase of short-term bills.
  3. Purchase of government bonds or financial bonds.
  4. Purchase of securities investment trust fund beneficial certificates.
  5. Purchase of bank-guaranteed corporate bonds.
  6. Purchase of real properties for business uses.
  7. Other uses approved by the competent authority.
    The scope, ratio, and amount for Items 4 to 6 of the preceding Paragraph will be set by the competent authority.