Regulations Governing Permission and Administration of Securities and Futures Business Dealings and Investment Between the Taiwan Area and the Mainland Area Article 14

The Taiwan-area securities or futures institution or third-region subsidiary of Article 12, paragraph 1 may make an application with the Mainland Area to establish a representative office only after receiving permission from the competent authority. When there is a change of its planned representative, it shall additionally annex documentation, and report to the competent authority for permission, regarding the representative's compliance with the provisions of Article 12; if the location of the planned representative office is changed, it shall annex relevant information for submission to and recordation by the competent authority.The Taiwan-area securities or futures institution or third-region subsidiary of the preceding paragraph, after receiving permission from the Mainland Area's competent authority for securities and futures, shall immediately report the fact to the competent authority, and prior to establishment of the representative office, shall annex the following information for submission to and recordation by the competent authority:1. The letter of approval from the Mainland Area's competent securities and futures authority.2. The planned date of establishment of the representative office and its full address.3. The names of its representatives.