Mandated Management Regulations of the National Pension Insurance Fund Article 4
The custodian mandated by the Fund must be someone who has been approved by the competent authority of the country where the custodian is established and operates to conduct custodian business.The custodian mandated by the Fund for domestic mandate management shall satisfy the following qualifications:1. The custodian must be a financial institution that has been approved by the Financial Supervisory Commission to conduct custodian business and whose paid-in capital must be no less than NT$10 billion.2. The ratio of regulatory capital to risk-weighted assets must be no less than eight percent (8%).3. The custodian’s clients’ assets under custody must be no less than NT$10 billion.4. The custodian’s long-term debt credit rating for the past year must be at/above “twA” by Taiwan Ratings Corporation or the equivalent by another internationally prestigious rating agency.The custodian mandated by the Fund for overseas mandate management shall satisfy the following qualifications:1. The custodian must be a financial institution whose clients’ assets under custody must be no less than US$500 billion.2. The custodian’s long-term debt credit rating for the past year must be at/above “twA” by Taiwan Ratings Corporation or the equivalent by another internationally prestigious rating agency.3. If the custodian is a foreign financial institution, it should be a branch institution or subsidiary,and it must have a client service team in the territory of the Republic of China.A domestic financial institution whose clients’ assets under custody are worth more than US$3 billion but less than US$500 billion would be deemed to meet the qualification set forth in Subparagraph 1 of the preceding Paragraph if the said domestic financial institution cooperates with a global custodian bank whose clients’ assets under custody are worth more than US$500 billion and also obtains a letter of intent for cooperation.The BLF may mandate more than two custodians on the basis of risk diversification and professional considerations.The starting dates of each matter prescribed in the second and the third Paragraphs shall be specified by the BLF.
中文原文 國民年金保險基金委託經營辦法第4條
本基金委託經營之保管機構，以經設立及營運所在國主管機關核准經營保管業務之業者為對象。
受託保管國內委託經營業務資產者，應具備下列資格：
一、經金融監督管理委員會核准取得辦理保管業務資格，實收資本額達新臺幣一百億元以上之金融機構。
二、自有資本與風險性資產之比率，不得低於百分之八。
三、保管資產規模在新臺幣一百億元以上。
四、最近一年信用評等等級應經中華信用評等評定長期債信達twA，或國際知名信用評等機構評定相當等級以上。
受託保管國外委託經營業務資產者，應具備下列資格：
一、保管資產規模達等值美金五千億元以上之金融機構。
二、最近一年信用評等等級應經中華信用評等評定長期債信達twA，或國際知名信用評等機構評定相當等級以上。
三、為國外金融機構者，以分公司或子公司型態為限，並應在中華民國境內設有客戶服務團隊。
國內金融機構之保管資產規模等值美金三十億元以上，未達美金五千億元者，經與保管資產規模達等值美金五千億元以上之全球保管銀行合作，並取得合作意向書後，視為符合前項第一款資格。
基金運用局基於風險分散及專業化考量，得委託二家以上之保管機構。
第二項及第三項各款起算日期，由基金運用局指定之。
受託保管國內委託經營業務資產者，應具備下列資格：
一、經金融監督管理委員會核准取得辦理保管業務資格，實收資本額達新臺幣一百億元以上之金融機構。
二、自有資本與風險性資產之比率，不得低於百分之八。
三、保管資產規模在新臺幣一百億元以上。
四、最近一年信用評等等級應經中華信用評等評定長期債信達twA，或國際知名信用評等機構評定相當等級以上。
受託保管國外委託經營業務資產者，應具備下列資格：
一、保管資產規模達等值美金五千億元以上之金融機構。
二、最近一年信用評等等級應經中華信用評等評定長期債信達twA，或國際知名信用評等機構評定相當等級以上。
三、為國外金融機構者，以分公司或子公司型態為限，並應在中華民國境內設有客戶服務團隊。
國內金融機構之保管資產規模等值美金三十億元以上，未達美金五千億元者，經與保管資產規模達等值美金五千億元以上之全球保管銀行合作，並取得合作意向書後，視為符合前項第一款資格。
基金運用局基於風險分散及專業化考量，得委託二家以上之保管機構。
第二項及第三項各款起算日期，由基金運用局指定之。