Regulations Governing Permission and Administration of Securities and Futures Business Dealings and Investment Between the Taiwan Area and the Mainland Area Article 39

When a Mainland-area securities or futures institution or a Mainland-invested securities or futures institution that makes equity investment in a Taiwan-area securities or futures institution appoints a director to the Taiwan-area investee securities or futures institution, it shall, prior to the appointment, submit related information and documentation to the competent authority for permission.The competent authority may when necessary order the Mainland-area securities or futures institution or Mainland invested securities or futures institution to submit necessary information or documentation or to designate persons to appear before the competent authority to provide explanations within a specified deadline.
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39條
大陸地區證券、期貨機構或陸資證券、期貨機構參股投資臺灣地區證券、期貨機構者,其指派擔任被投資臺灣地區證券、期貨機構之董事,應於選任前,檢具相關之證明資料、文件,報經主管機關許可。
主管機關於必要時,得令大陸地區證券、期貨機構或陸資證券、期貨機構於期限內提出必要之資料、文件或指定人員前來說明。

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