Regulations Governing the Establishment of and Compliance Matters for Offshore Securities Branches Article 2
A securities firm filing an application to establish within the ROC an offshore securities branch under Article 22-3, paragraph 1 of the Act shall meet the following conditions:1. It is a securities firm that simultaneously operates the business of brokerage, underwriting, and dealing and, on the financial report for the most recent period audited and attested by CPAs, has net worth that meets the standard set by the Financial Supervisory Commission (FSC). If it is a foreign securities firm that is applying for the establishment of the offshore securities branch, it shall exclusively allocate working capital for its operations in the ROC in an amount no less than the aforesaid standard set by the FSC.2. Its financial condition and regulatory capital adequacy ratio meet the standard set by the FSC.3. It is in compliance with the law, soundly managed, and at the time of the application has no record of receiving any disciplinary action for any material violation as listed below or has received a disciplinary action but the circumstances resulting in the violation have been materially improved and the improvement is recognized by the FSC or the Central Bank of the Republic of China (Taiwan)(CBC).A. Within the past 3 years, it has received a statutory administrative fine imposed by the FSC under Article 178-1 of the Securities and Exchange Act at one-half or more of the maximum amount.B. Within the past 3 months, it has received a warning imposed by the FSC under Article 66, subparagraph 1 of the Securities and Exchange Act.C. Within the past half year, it has received an order from the FSC to discharge any of its directors, supervisors, or managerial officers, or to remove any of its responsible persons or other relevant personnel.D. Within the past year, it has been sanctioned by the FSC with suspension of business.E. Within the past 2 years, it has been sanctioned by the FSC with voidance or revocation of any portion of its business license.F. Within the past 2 years, it has been sanctioned by the CBC with voidance or revocation of part or all of its license to handle foreign exchange business.The standards regarding the securities firm's net worth on the financial report for the most recent period audited and attested by CPAs under subparagraph 1 of the preceding paragraph and regarding the regulatory capital adequacy ratio under subparagraph 2 thereof shall be prescribed by the FSC in consultation with the CBC.
中文原文 國際證券業務分公司設置及應遵循事項辦法第2條
本條例第二十二條之三第一項之證券商申請在我國設置國際證券業務分公司，應符合下列條件：
一、同時經營證券經紀、承銷及自營業務之證券商且最近期經會計師查核簽證之財務報告淨值符合金融監督管理委員會（以下簡稱金管會）規定之標準者。
外國證券商申請設置者，專撥其在中華民國境內營業所用之資金，不得低於前開金管會規定之標準。
二、財務狀況及自有資本適足比率符合金管會規定之標準。
三、守法、健全經營，且申請時無下列重大違規遭受處分紀錄，或受處分而其違法情事已具體改善並經金管會或中央銀行認可：
（一）最近三年曾受金管會依證券交易法第一百七十八條之一規定處法定罰鍰最高額二分之一以上之罰鍰。
（二）最近三個月曾受金管會依證券交易法第六十六條第一款所為之警告處分。
（三）最近半年曾受金管會命令解除其董事、監察人或經理人職務處分，或撤換其負責人或其他有關人員之處分。
（四）最近一年曾受金管會停業之處分。
（五）最近二年曾受金管會撤銷或廢止部分營業許可之處分。
（六）最近二年曾受中央銀行撤銷或廢止一部或全部辦理外匯業務許可之處分。
前項第一款有關證券商最近期經會計師查核簽證之財務報告淨值及第二款有關自有資本適足比率之標準，由金管會洽商中央銀行定之。
一、同時經營證券經紀、承銷及自營業務之證券商且最近期經會計師查核簽證之財務報告淨值符合金融監督管理委員會（以下簡稱金管會）規定之標準者。
外國證券商申請設置者，專撥其在中華民國境內營業所用之資金，不得低於前開金管會規定之標準。
二、財務狀況及自有資本適足比率符合金管會規定之標準。
三、守法、健全經營，且申請時無下列重大違規遭受處分紀錄，或受處分而其違法情事已具體改善並經金管會或中央銀行認可：
（一）最近三年曾受金管會依證券交易法第一百七十八條之一規定處法定罰鍰最高額二分之一以上之罰鍰。
（二）最近三個月曾受金管會依證券交易法第六十六條第一款所為之警告處分。
（三）最近半年曾受金管會命令解除其董事、監察人或經理人職務處分，或撤換其負責人或其他有關人員之處分。
（四）最近一年曾受金管會停業之處分。
（五）最近二年曾受金管會撤銷或廢止部分營業許可之處分。
（六）最近二年曾受中央銀行撤銷或廢止一部或全部辦理外匯業務許可之處分。
前項第一款有關證券商最近期經會計師查核簽證之財務報告淨值及第二款有關自有資本適足比率之標準，由金管會洽商中央銀行定之。