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Article 3-2
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The trading of R.O.C. government bonds or treasury bills by a securities firm in accordance with the preceding article shall be handled in the following manner:
- Transaction proceeds shall not be withdrawn in cash and shall be made by transfer.
- The selection, allocation ratio, and term of the purchase should be set forth in the operating procedures expressly stipulating relevant control measures, and a specialist should be assigned to control the liquidity and security of the account.
- The receipt and payment of funds, records, and certification of receipt and payment in regard to each sale and purchase transaction shall be entered fully and accurately on a daily basis.
The transfer of time deposits to other banks by a securities firm in accordance with the preceding article shall be conducted in the following manner:
- Funds shall be moved by way of account transfer. No cash withdrawal, overdraft, pledge, or other rights may be exercised in respect of the funds.
- Time deposits transferred into other banks may be terminated at any time, in which case all funds may only be transferred back to the original securities firm's Settlement Account by way of account transfer, and cannot be used for other purposes.
- The accounts and account numbers of other banks designated for deposit transfer shall be reported to the TWSE and TPEx in writing in advance, with any changes to be notified immediately to the TWSE and TPEx.
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