Standards Governing the Establishment of Securities Investment Trust Enterprises Article 28
Upon an application by a SICE to concurrently operate securities investment trust business, the FSC may deny permission in any of the following circumstances:1.Any violation of Article 68, Article 73, or Article 78, paragraph 3 of the SITC Act with respect to any responsible person or department supervisor.2.Noncompliance with Article 23, paragraph 1, subparagraph 3.3.The business plan, or the system of internal controls over the concurrently operated securities investment trust business, is not concrete enough or cannot be effectively implemented.4.There is likelihood that its professional competence is insufficient for sound and effective operation of the concurrently operated securities investment trust business, or denial of permission is otherwise deemed necessary to protect the public interest.5.The application documents are found to contain any misrepresentation.
中文原文 證券投資信託事業設置標準第28條
證券投資顧問事業兼營證券投資信託業務之申請案件有下列情形之一者，本會得不予許可：
一、負責人或部門主管違反本法第六十八條、第七十三條或第七十八條第三項規定。
二、未符合第二十三條第一項第三款規定。
三、營業計畫書或兼營證券投資信託業務之內部控制制度內容欠具體或無法有效執行。
四、專業能力有無法健全有效兼營證券投資信託業務之虞或為保護公益，認有必要。
五、申請文件內容或事項經發現有虛偽不實之情事。
一、負責人或部門主管違反本法第六十八條、第七十三條或第七十八條第三項規定。
二、未符合第二十三條第一項第三款規定。
三、營業計畫書或兼營證券投資信託業務之內部控制制度內容欠具體或無法有效執行。
四、專業能力有無法健全有效兼營證券投資信託業務之虞或為保護公益，認有必要。
五、申請文件內容或事項經發現有虛偽不實之情事。