Regulations Governing the Administration of Credit Rating Agencies Article 19

The directors, supervisor(s) or managerial officers of a credit rating agency shall not make investments in or serve concurrently as the directors, supervisor(s) or managerial officers of another credit rating agency, provided that the above provisions do not apply when an internationally recognized credit rating agency invests in the establishment of a credit rating agency in accordance with the provisions of Article 9 of these Regulations, and serves concurrently as director, supervisor or managerial officer, and prior approval has been obtained from the FSC.
中文原文 信用評等事業管理規則第19條
信用評等事業之董事、監察人或經理人不得投資於其他信用評等事業,或兼為其他信用評等事業之董事、監察人或經理人。
但國際知名信用評等機構依第九條規定投資設立信用評等事業而兼任董事、監察人或經理人,報經本會核准者,不在此限。

English translation for reference only; the Chinese text prevails. Not legal advice.