Taiwan Depository & Clearing Corporation

1.TDCC has had accounts with several foreign depositories, through which we provide cross-border payment and book-entry settlement of foreign currency-denominated bonds that are registered or deposited with a foreign depository, book-entry or settlement agency, but circulated in Taiwan.

2.Securities dealers and foreign depository, book-entry or settlement agencies need to open book-entry accounts with TDCC, and clients and foreign depository, book-entry or settlement agencies need to open book-entry accounts with participants to which they do business with to create the links for the safekeeping of foreign currency-denominated bonds.