On April 30, 2015, the FSC announced the regulation abovementioned.  Major contents include:  (1) Unless approved, an institution is forbidden to cooperate with or assist offshore institutions to carry out acts relating to electronic payment business;  (2) the following may apply for approval to engage in acts cooperating with or assisting offshore institutions in carrying on the electronic payment business: electronic payment institutions, banks which do not carry on electronic payment business alongside other businesses, financial information services enterprises and data processing service enterprises.