Regulations Governing Permission and Administration of Securities and Futures Business Dealings and Investment Between the Taiwan Area and the Mainland Area Article 31
A Mainland-area securities company or a Mainland-invested securities company that meets the following requirements may apply to the competent authority for permission to make equity investment in securities firms in the Taiwan Area:1. Experience in international securities business.2. Simultaneous operation of the three types of securities business, namely, underwriting, dealing, and brokerage or intermediary services, with sustained profitability over the most recent 3-year period, along with a financial report for the most recent period, audited or reviewed by a CPA of the place of the company's registration, showing net worth per share no lower than par value.3. No violation by the company during the preceding 3 years of the regulations of the competent securities authority of the place of its registration in regard to financial indices.4. Sound corporate governance, risk management, and internal control systems.5. A clearly defined source of funding for the investment.6. Transparency of financial and business information.7. Permission for the investment from the competent securities authority of its place of registration.8. No receipt within the most recent 3 years of any material disposition from the competent authority, self-regulatory organization, or administrative or judicial agency of the place of its registration.9. A good social reputation, and no adverse record with administrative agencies for commerce or industry or with commercial banks.10. No current investigation of the company by the competent authority of the place of its registration for conduct in violation of regulations.11. A continuous rating of Class A or higher in accordance with the Mainland Area's regulations for classification and supervision of securities firms.12. Paid-in capital of at least NT$50 billion.13. Other requirements imposed by the regulations of the competent authority.The provisions of Article 25, paragraph 2 apply mutatis mutandis to the meaning of "experience in international securities business" in subparagraph 1 of the preceding paragraph.
中文原文 臺灣地區與大陸地區證券期貨業務往來及投資許可管理辦法第31條
大陸地區證券公司或陸資證券公司符合下列資格條件者，得向主管機關申請許可在臺灣地區參股投資證券商：
一、具有國際證券業務經驗。
二、同時經營有價證券承銷、自行買賣及行紀或居間等三種業務，最近三年度連續獲利，且最近期經登記地會計師查核或核閱之財務報告每股淨值不低於面額。
三、最近三年未違反登記地證券主管機關財務指標之規定。
四、公司治理、風險管理及內部控制制度健全。
五、投資資金來源明確。
六、財務、業務資訊透明。
七、經其登記地之證券主管機關許可投資。
八、最近三年未曾受登記地證券主管機關、自律機構或行政、司法機關之重大處罰。
九、具良好社會信譽，最近三年在稅務、工商等行政機關及商業銀行等無不良紀錄。
十、無因違規行為正受登記地主管機關調查。
十一、最近二年度連續取得依大陸地區證券公司分類監管規定評價為A類以上。
十二、實收資本額達新臺幣五十億元以上。
十三、其他主管機關規定之條件。
前項第一款所稱具有國際證券業務經驗，準用第二十五條第二項規定。
一、具有國際證券業務經驗。
二、同時經營有價證券承銷、自行買賣及行紀或居間等三種業務，最近三年度連續獲利，且最近期經登記地會計師查核或核閱之財務報告每股淨值不低於面額。
三、最近三年未違反登記地證券主管機關財務指標之規定。
四、公司治理、風險管理及內部控制制度健全。
五、投資資金來源明確。
六、財務、業務資訊透明。
七、經其登記地之證券主管機關許可投資。
八、最近三年未曾受登記地證券主管機關、自律機構或行政、司法機關之重大處罰。
九、具良好社會信譽，最近三年在稅務、工商等行政機關及商業銀行等無不良紀錄。
十、無因違規行為正受登記地主管機關調查。
十一、最近二年度連續取得依大陸地區證券公司分類監管規定評價為A類以上。
十二、實收資本額達新臺幣五十億元以上。
十三、其他主管機關規定之條件。
前項第一款所稱具有國際證券業務經驗，準用第二十五條第二項規定。