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Article NO. Content

Title:

Regulations Governing Securities Firms  CH

Amended Date: 2025.05.08 (Articles 45-1 amended,English version coming soon)
Current English version amended on 2024.03.06 
Article 15 A securities firm, unless concurrently operated by a financial institution and subject to other relevant acts or regulations, shall not act as a guarantor of any nature, make endorsement for transfer of negotiable instruments, or provide its property as security for other persons without the approval of the FSC.