To meet the international standards and make the market more institution friendly, the regulatory authority of Taiwan -- Securities and Futures Bureau (SFB) and Taiwan Stock Exchange (TSEC), have cooperatively launched some small-scale market reform measures since the beginning of 2005. These deregulations include the following respects: (1) Streamline Securities Borrowing and Lending; (2) Extend Settlement Deadline; (3) Simplify Registration of Foreign Investors; (4) Improve Block Trading System; and (5) Facilitate Transfer of Assets Between Depository Accounts of the Same Beneficiary.
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