Article NO. Content

Title:

Regulations Governing Borrowing or Lending Money in Connection with Securities Business by Securities Firms 

Amended Date: 2015.09.15 
Article 12     Collateral that a securities firm obtains in conducting securities business money lending and for which a customer has issued a collateral transfer agreement may not be transferred to any other purposes except for the purposes listed below, and shall be deposited in central custody:
  1. As collateral for securities borrowing through the securities lending system of the TWSE.
  2. As collateral for securities borrowing or refinancing through a securities finance enterprise.

Interpretation: