Approval of the proposal by Bank of Taiwan

The following press release was published by the Board of Governors of the Federal Reserve System on June 27, 2011. It is reproduced in full below.

The Federal Reserve Board on Monday announced its approval of the proposal by Bank of Taiwan, Taipei, Taiwan, to establish a branch in New York, New York.

Attached is the Board's Order relating to this action.

Source: Board of Governors of the Federal Reserve System