Standards Governing the Establishment of Securities Firms Article 10-2
An applicant that has received approval from the FSC to conduct a Financial Technology Innovative Experimentation case may apply to the FSC for a permit to convert into a securities firm if the applicant meets the following conditions:1. The innovative experiment is innovative and has benefits such as effectively increasing the efficiency of financial services, reducing operational and use costs, or enhancing the interests of financial consumers and enterprises.2. The applicant shall be a duly incorporated and registered company limited by shares, and may not be a close company.3. The balance sheet audited and attested by certified public accountants (CPAs) from within one month before the application date shows net worth not less than the amount specified in Article 3, and not less than two-thirds of the company's share capital. If among the company's share capital are any shares issued for non-cash capital contributions, the number of such shares may not exceed one-fourth of the total number of the company's issued shares, and the applicant shall submit a statement, reviewed by a CPA, of the estimated value and benefits of the non-cash capital contributions.4. The applicant does not operate any business that a securities firm is prohibited to handle.In the case of an applicant that applies to convert into a securities firm under the preceding paragraph, the provisions of Articles 4, 7, and 9 to 10-1 shall apply mutatis mutandis to the applicant's qualifications, the bond the applicant is required to deposit, the permit for conversion, the documentation and procedures for issuance of the business license, and the circumstances in which the FSC may deny an application for a permit. However, in the provisions of Articles 4 and 9 regarding the promoters and the minutes of the promoters' meeting, the promoters and minutes shall respectively be replaced by all of the company's shareholders and the minutes of the shareholders' meeting at which the resolution for conversion was passed.When the applicant applies to the FSC for conversion into a securities firm, if its financial condition fails to meet requirements of the Regulations Governing Securities Firms, or its operation of securities firm business fails to meet requirements of securities laws or regulations or other relevant laws or regulations, it may submit a plan to make adjustments to achieve compliance with requirements and, after the plan is approved by the FSC, it shall accomplish the adjustments within 6 months from the date of issuance of the permit by the FSC. If the applicant fails to make the adjustments in accordance with the adjustment plan, the FSC may restrict its business operations.
中文原文 證券商設置標準第10-2條
經本會核准辦理金融科技創新實驗案件之申請人符合下列條件，得向本會申請許可改制為證券商：
一、創新實驗具有創新性、有效提升金融服務之效率、降低經營及使用成本或提升金融消費者及企業之權益等成效。
二、應為依法設立登記之股份有限公司，且不得為閉鎖性股份有限公司。
三、申請日前一個月內經會計師查核簽證之資產負債表顯示淨值不低於第三條所定金額，且不低於公司股本之三分之二。
前開公司股本如有以非現金方式出資抵充之股數，不得超過公司已發行股份總數之四分之一，且申請人應提出所評估價值與效益之說明，並經會計師複核。
四、未經營證券商不得辦理之業務。
申請人依前項申請改制為證券商，有關申請人資格、申請人應存入之保證金、申請改制許可與核發許可證照之書件及程序、本會得不予許可情形等事項，準用第四條、第七條、第九條至第十條之一規定。
但第四條及第九條有關發起人及發起人會議紀錄之規定，分別以公司全體股東及股東會決議改制之議事錄取代。
申請人向本會申請許可改制為證券商時，其財務狀況有未符合證券商管理規則規定，或經營證券商業務有未符合證券管理法令及其他相關法令規定之情事者，得提出調整計畫經本會同意後，於本會核發許可證照之日起六個月內調整完成。
申請人未依調整計畫調整者，本會得限制其業務經營。
一、創新實驗具有創新性、有效提升金融服務之效率、降低經營及使用成本或提升金融消費者及企業之權益等成效。
二、應為依法設立登記之股份有限公司，且不得為閉鎖性股份有限公司。
三、申請日前一個月內經會計師查核簽證之資產負債表顯示淨值不低於第三條所定金額，且不低於公司股本之三分之二。
前開公司股本如有以非現金方式出資抵充之股數，不得超過公司已發行股份總數之四分之一，且申請人應提出所評估價值與效益之說明，並經會計師複核。
四、未經營證券商不得辦理之業務。
申請人依前項申請改制為證券商，有關申請人資格、申請人應存入之保證金、申請改制許可與核發許可證照之書件及程序、本會得不予許可情形等事項，準用第四條、第七條、第九條至第十條之一規定。
但第四條及第九條有關發起人及發起人會議紀錄之規定，分別以公司全體股東及股東會決議改制之議事錄取代。
申請人向本會申請許可改制為證券商時，其財務狀況有未符合證券商管理規則規定，或經營證券商業務有未符合證券管理法令及其他相關法令規定之情事者，得提出調整計畫經本會同意後，於本會核發許可證照之日起六個月內調整完成。
申請人未依調整計畫調整者，本會得限制其業務經營。