Regulations Governing the Conduct of Discretionary Investment Business by Securities Investment Trust Enterprises and Securities Investment Consulting Enterprises Article 5
A SICE applying to provide discretionary investment services shall possess the following qualifications:1. Paid-in capital of no less than NT$50 million. For a SICE making this application that concurrently conducts futures advisory business or a SICE simultaneously applying to conduct discretionary investment business and to concurrently conduct futures advisory business, actual paid-in capital shall be no less than NT$70 million.2. The CPA-audited and certified financial report for the preceding period, showing a net worth per share not lower than par value. However, this requirement shall not apply to a SICE that has obtained its business licenses for less than 1 full fiscal year.3. Having not been subject within the past three months to a warning, penalty for default, suspension of some or all of the rights and interests normally enjoyed by a member, or voidance or suspension of membership qualifications by the Securities Investment Trust and Consulting Association of the R.O.C. (SITCA) or the Chinese National Futures Association, pursuant to their self-regulatory rules, resulting from its operation of securities investment analysis or futures research and analysis.4. Having received no sanction pursuant to Article 103, subparagraph 1 of the SITC Act, Article 100, paragraph 1, subparagraph 1 of the Futures Trading Act, or Article 66, subparagraph 1 of the Securities and Exchange Act within the preceding the preceding half-year.5. Having received no sanction equal to or greater than those under Article 103, subparagraphs 2 through 5 of the SITC Act, Article 100, paragraph 1, subparagraphs 2 through 4 of the Futures Trading Act, or Article 66, subparagraphs 2 through 4 of the Securities and Exchange Act within the preceding two years.6. Having effected substantive correction after previously receiving a disposition or sanction under the preceding 3 subparagraphs and being ordered to make correction.7. Other qualifications as may be prescribed by the FSC.A SICE that applies to provide trust-type discretionary investment services shall meet the qualifications of subparagraphs 2 through 7 of the preceding paragraph, and its paid-in capital shall not be lower than the sum of the amount prescribed in subparagraph 1 of the preceding paragraph plus NT$50 million; for a managed futures enterprise that concurrently operates or is at the same time applying to concurrently provide trust-type discretionary investment services, paid-in capital not lower than the sum of the minimum paid-in capital amount prescribed in Article 15 of the Standards for the Establishment of Managed Futures Enterprises plus NT$50 million.
中文原文 證券投資信託事業證券投資顧問事業經營全權委託投資業務管理辦法第5條
證券投資顧問事業申請經營全權委託投資業務，應具備下列條件：
一、實收資本額達新臺幣五千萬元；已兼營期貨顧問業務之證券投資顧問事業申請或同時申請經營全權委託投資業務及兼營期貨顧問業務者，實收資本額應達新臺幣七千萬元。
二、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。
但取得營業執照未滿一個完整會計年度者，不在此限。
三、最近三個月未曾因從事證券投資分析或期貨研究分析受中華民國證券投資信託暨顧問同業公會（以下簡稱同業公會）或中華民國期貨業商業同業公會依自律規章為警告、處以違約金、停止會員應享有之部分或全部權益、撤銷或暫停會員資格之處置。
四、最近半年未曾受本法第一百零三條第一款、期貨交易法第一百條第一項第一款或證券交易法第六十六條第一款之處分。
五、最近二年未曾受本法第一百零三條第二款至第五款、期貨交易法第一百條第一項第二款至第四款或證券交易法第六十六條第二款至第四款之處分。
六、曾受前三款之處分或處置，且命令其改善，已具體改善。
七、其他經本會規定應具備之條件。
證券投資顧問事業申請以信託方式經營全權委託投資業務，除應符合前項第二款至第七款規定外，其實收資本額不得低於前項第一款所定金額加計新臺幣五千萬元；已兼營或同時申請兼營期貨經理事業者，實收資本額不得低於期貨經理事業設置標準第十五條所定最低實收資本額加計新臺幣五千萬元。
一、實收資本額達新臺幣五千萬元；已兼營期貨顧問業務之證券投資顧問事業申請或同時申請經營全權委託投資業務及兼營期貨顧問業務者，實收資本額應達新臺幣七千萬元。
二、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。
但取得營業執照未滿一個完整會計年度者，不在此限。
三、最近三個月未曾因從事證券投資分析或期貨研究分析受中華民國證券投資信託暨顧問同業公會（以下簡稱同業公會）或中華民國期貨業商業同業公會依自律規章為警告、處以違約金、停止會員應享有之部分或全部權益、撤銷或暫停會員資格之處置。
四、最近半年未曾受本法第一百零三條第一款、期貨交易法第一百條第一項第一款或證券交易法第六十六條第一款之處分。
五、最近二年未曾受本法第一百零三條第二款至第五款、期貨交易法第一百條第一項第二款至第四款或證券交易法第六十六條第二款至第四款之處分。
六、曾受前三款之處分或處置，且命令其改善，已具體改善。
七、其他經本會規定應具備之條件。
證券投資顧問事業申請以信託方式經營全權委託投資業務，除應符合前項第二款至第七款規定外，其實收資本額不得低於前項第一款所定金額加計新臺幣五千萬元；已兼營或同時申請兼營期貨經理事業者，實收資本額不得低於期貨經理事業設置標準第十五條所定最低實收資本額加計新臺幣五千萬元。