Standards Governing the Establishment of Securities Investment Trust Enterprises Article 8
For operation of a SITE, there shall be one or more promoters that is a fund management institution, bank, insurance company, securities firm, or financial holding company meeting the qualifications specified below, and the combined share subscription of such qualified promoter or promoters may be no less than 20% of the first share issue:1.Fund management institution:A.Has been established for at least a full 3 years, and has not been sanctioned by the competent authority of its home country for any reason related to fund management during the past 3 years.B.Has experience in the management or operation of international securities investment trust fund business.C.Among the assets managed by the institution and its controlling or subordinate institutions, the total value of fund assets of mutual funds, unit trusts and investment trusts that are raised through public offering for pooled investment in securities shall be no less than NT$65 billion.2.Bank:A.Has been established for at least a full 3 years, and has not been sanctioned by the competent authority of its home country for any reason related to fund management during the past 3 years.B.Has experience in international finance, securities, or trust business.C.Has been ranked during the past year among the world's top 1,000 banks in either assets or net worth.3.Insurance company:A.Has been established for at least a full 3 years, and has not been sanctioned by the competent authority of its home country for any reason related to fund management during the past 3years.B.Has experience in the management of insurance funds.C.Holds securities with a total asset value of at least NT$8 billion.4.Securities firm:A.Has been established for at least a full 3 years, and has been operating for at least a full 3 years as a securities firm engaged in the integrated operation of securities underwriting, dealing, and brokerage business.B.Has not been sanctioned under Article 66, subparagraphs 2 to 4 of the Securities and Exchange Act, or, in the case of a foreign securities firm, has not been sanctioned by the competent authority of its home country, during the past 3 years.C.Has paid-in capital of NT$8 billion or more, and its net worth per share is not less than par value as shown in the CPA-audited and certified financial report for the most recent period.5.Financial holding company: One of the subsidiaries in which the financial holding company controls 50% or more of the shares meets the qualification requirements set out in one of the preceding 4 subparagraphs.If a promoter meeting the qualification requirements in the preceding paragraph intends to transfer any of its shareholding in the SITE, the SITE shall file for recordation with the FSC before the promoter transfers the shareholding.
中文原文 證券投資信託事業設置標準第8條
經營證券投資信託事業，發起人應有符合下列資格條件之基金管理機構、銀行、保險公司、證券商或金融控股公司，其所認股份，合計不得少於第一次發行股份之百分之二十：
一、基金管理機構：
（一）成立滿三年，且最近三年未曾因資金管理業務受其本國主管機關處分。
（二）具有管理或經營國際證券投資信託基金業務經驗。
（三）該機構及其控制或從屬機構所管理之資產中，以公開募集方式集資投資於證券之共同基金、單位信託或投資信託之基金資產總值不得少於新臺幣六百五十億元。
二、銀行：
（一）成立滿三年，且最近三年未曾因資金管理業務受其本國主管機關處分。
（二）具有國際金融、證券或信託業務經驗。
（三）最近一年於全球銀行資產或淨值排名居前一千名內。
三、保險公司：
（一）成立滿三年，且最近三年未曾因資金管理業務受其本國主管機關處分。
（二）具有保險資金管理經驗。
（三）持有證券資產總金額在新臺幣八十億元以上。
四、證券商：
（一）成立滿三年，並為綜合經營證券承銷、自營及經紀業務滿三年之證券商。
（二）最近三年未曾受證券交易法第六十六條第二款至第四款規定之處分；其屬外國證券商者，未曾受其本國主管機關相當於前述之處分。
（三）實收資本額達新臺幣八十億元以上，且最近期經會計師查核簽證之財務報告，每股淨值不低於面額。
五、金融控股公司：該公司控股百分之五十以上之子公司應有符合前四款所定資格條件之一者。
符合前項資格條件之發起人轉讓持股，證券投資信託事業應於發起人轉讓持股前申報本會備查。
一、基金管理機構：
（一）成立滿三年，且最近三年未曾因資金管理業務受其本國主管機關處分。
（二）具有管理或經營國際證券投資信託基金業務經驗。
（三）該機構及其控制或從屬機構所管理之資產中，以公開募集方式集資投資於證券之共同基金、單位信託或投資信託之基金資產總值不得少於新臺幣六百五十億元。
二、銀行：
（一）成立滿三年，且最近三年未曾因資金管理業務受其本國主管機關處分。
（二）具有國際金融、證券或信託業務經驗。
（三）最近一年於全球銀行資產或淨值排名居前一千名內。
三、保險公司：
（一）成立滿三年，且最近三年未曾因資金管理業務受其本國主管機關處分。
（二）具有保險資金管理經驗。
（三）持有證券資產總金額在新臺幣八十億元以上。
四、證券商：
（一）成立滿三年，並為綜合經營證券承銷、自營及經紀業務滿三年之證券商。
（二）最近三年未曾受證券交易法第六十六條第二款至第四款規定之處分；其屬外國證券商者，未曾受其本國主管機關相當於前述之處分。
（三）實收資本額達新臺幣八十億元以上，且最近期經會計師查核簽證之財務報告，每股淨值不低於面額。
五、金融控股公司：該公司控股百分之五十以上之子公司應有符合前四款所定資格條件之一者。
符合前項資格條件之發起人轉讓持股，證券投資信託事業應於發起人轉讓持股前申報本會備查。