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Article NO. Content

Title:

Operating Rules for Securities Business Money Lending by Securities Firms  CH

Amended Date: 2020.12.31 (Articles 16, 17, 18, 20, 21, 22, 23, 25, 27 amended,English version coming soon)
Current English version amended on 2019.09.06 
Categories: Securities Exchange Market > Borrowing of Money
Article 8     Collateral that a securities firm obtains in conducting securities business money lending, and for which the customer has issued a written statement of consent for rehypothecation, may not be used for any purpose other than those listed below and shall be deposited in central custody:
  1. As collateral for securities borrowing through the TWSE securities lending system.
  2. As collateral for securities borrowing or refinancing through a securities finance enterprise.