I. Initial application involving (1) Products involving contracts derived from either exchange-traded commodities or indexes related to domestic stock or futures exchanges other than equity derivatives linked to Taiwan stocks or (2) New types of Taiwan equity-linked derivatives  or (3) Non Forex-related complex high-risk products: 

1. Application Form;
2. Statement of Compliance;
3. Meeting minutes containing a resolution adopted by the board of directors (council members) or the board of managing directors to offer such financial derivatives or documents verifying authorization from an appropriate person(s);
4. Certificate proving the working experience of or specialized training received by the personnel in charge of the said derivatives activities;
5. Business proposal:
    
   1. product instruction;
   2. description of product characteristic;
   3. risk disclosure statementrisk;

 II. Application for derivatives not involving involving products mentioned in section I or forex-related products: 

1. Description of each product's characteristics;
2. Statement of regulatory Compliance;
3. Risk Disclosure Statement. 

III. License for the CBC-licensed foreign exchange derivatives shall be applied for to the CBC. Where the product is a forex-related complex high-risk product, the bank shall submit copies of applications to the Commission.