TAI DCC 2024 Off-Site Backup Drill


On Apr. 17, TAI DCC notified of first off-site backup drill of 2024.


  • TAI DCC will conduct first off-site backup drill for the securities depository system, and also participate in TAI EXC's centralized market off-site backup market simulation test.
  • Backup Drill
  • Participants are asked to download detailed information from TAI DCC's website re the drill, and requested to select a connection unit to join the remote backup drill from.
  • After drill, participants should compile results into a document, fax it back to TAI DCC.
  • Effectiveness
  • The test is scheduled for May 5, 2024.
  • Apr. 23, 2024 Backup Drill for Bills
  • On Apr. 23, 2024, TAI DCC announced first off-site backup drill for the year, for the bills custody, clearing and settlement mechanism; drill is scheduled for May 18, 2024.
  • Participants must re-enter transaction data from May 17 to test system, connection validity; drill will be conducted using the full market-wide remote backup testing mode.
  • If there were no actual transactions on May 17, participation in the drill is not required.
  • Aims to verify emergency switching capabilities, enhance system security, efficiency.
  • Guidelines provided for participants, including using backup environments, simulating delayed disconnect scenarios; detailed information available on the TAI DCC website.
  • Oct. 2024 Second Drill
  • On Oct. 18, 2024, TAI DCC announced second off-site backup drill for the year, for the bills custody, clearing and settlement mechanism; drill is scheduled for Nov. 16, 2024.
  • Custodian banks shall use off-site backup environment; other participants will maintain their current settings and perform verification tests using existing connection models.

Regulators TAI DCC
Entity Types B/D; Depo
Reference Lt DCC No. 11300238342, 11300238341, 10/18/2024; Lt DCC No. 11300096712, 4/23/2024; Lt DCC No. 1130009087, 4/17/2024
Functions BCS; Financial; Operations; Reporting; Settlement
Countries Taiwan
Category
State
Products Clearing; Custody; Securities
Regions AP
Rule Type Final
Rule Date 4/17/2024
Effective Date 11/16/2024
Rule Id 208652
Linked to N/A
Reg. Last Update 10/18/2024
Report Section International

Last substantive update on 10/23/2024