Regulations Governing the Establishment of and Compliance Matters for Offshore Securities Branches Article 4
If any of the following circumstances applies to an application for establishment of an offshore securities branch, the FSC may deny permission:1. The applicant does not meet the qualifying requirements set out in all the subparagraphs of paragraph 1 of Article 2.2. Any misrepresentation or falsehood is found in any content or information in the application documents.3. The business plan or the internal control system is not concrete enough, or cannot be implemented effectively.4. There is concern that a managerial officer lacks adequate professional ability to soundly and effectively operate the offshore securities branch.5. Any other circumstance under which denial of permission is considered necessary to protect the public interest.If the application documents submitted in accordance with these Regulations are incomplete or contain incomplete information, and the deficiency cannot be fully corrected within a time limit designated by the FSC, the application documents will be returned.
中文原文 國際證券業務分公司設置及應遵循事項辦法第4條
申請設置國際證券業務分公司之案件有下列情形之一者，金管會得不予許可：
一、申請人資格條件不符合第二條第一項各款之規定。
二、申請書件內容或事項經發現有虛偽不實之情事。
三、營業計畫書或內部控制制度內容欠具體或無法有效執行。
四、經理人之專業能力有無法健全有效經營國際證券業務分公司之虞。
五、其他為保護公益認有必要。
依本辦法提出之申請書件不完備或記載事項不充分，經金管會限期補正，屆期不能完成補正者，退回其申請案件。
一、申請人資格條件不符合第二條第一項各款之規定。
二、申請書件內容或事項經發現有虛偽不實之情事。
三、營業計畫書或內部控制制度內容欠具體或無法有效執行。
四、經理人之專業能力有無法健全有效經營國際證券業務分公司之虞。
五、其他為保護公益認有必要。
依本辦法提出之申請書件不完備或記載事項不充分，經金管會限期補正，屆期不能完成補正者，退回其申請案件。