November 17, 2011

To support the government’s policy in expediting the globalization and liberalization of the capital market, and strengthen the cooperation with the securities depository and clearing institutions in the neighboring countries, Taiwan Depository & Clearing Corporation (TDCC) has signed a Memorandum of Understanding (MOU) on cooperation and information exchange with Hong Kong Securities Clearing Company Limited (HKSCC) on November 17, 2011.

HKSCC, the clearing house and central depository for HKEx’s securities market, provides clearing, settlement, depository and nominee services for securities listed in Hong Kong.

Both parties agree to co-operate with each other to facilitate the development of channels of communication for exchange of information to foster a continuing relationship and benefit of the financial services industry in Taiwan and Hong Kong.