Regulations Governing the Administration of Credit Rating Agencies Article 5

An internationally recognized credit rating agency applying to establish a branch office in the R.O.C. shall submit relevant certified documents and certificate of working capital in the amount of NT$50 million for business purposes to the FSC for approval.A branch office so established shall not be subject to the restrictions of paragraph 1 of the preceding article.
中文原文 信用評等事業管理規則第5條
國際知名信用評等機構,申請在中華民國境內設立分支機構者,應檢附證明文件及專撥新臺幣五千萬元以上營業所用之資金證明,報經本會核准。
前項經核准設立之分支機構,不受前條第一項規定之限制。

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