Standards Governing the Establishment of Securities Firms Article 28
A foreign securities firm that intends to establish a branch office within the territory of the Republic of China (ROC), shall meet all of the following qualifications:1. The applicant possesses sufficient international securities business experience and financial soundness for the business type being applied for.2. The applicant has not been sanctioned by its home country's securities regulatory authorities within the most recent 2 years.The sufficient international securities business experience referred to in subparagraph 1 of the preceding paragraph requires more than 3 years in the securities business and one of the following criteria:1. Verification of sufficient international securities business experience through the governing institution or other organization of the firm's home country, or through any other institution recognized by the FSC.2. Obtaining from a country other than the firm's home country a membership or trading qualification of a stock exchange.3. Having established a place of business operation located outside of the firm's home country or business operations in overseas markets, and having overseas operating income from the same type of operations applied for.The financial soundness referred to in paragraph 1, subparagraph 1 requires the most recent CPA audited and attested financial report to indicate that the net value of per share is not below par value.
中文原文 證券商設置標準第28條
外國證券商在中華民國境內設置分支機構，應具備左列條件：
一、對申請許可業務種類，具有國際證券業務經驗及財務結構健全者。
二、最近二年在其本國未曾受證券有關主管機關之處分者。
前項第一款所稱具有國際證券業務經驗者，係指從事證券業務三年以上，且具有左列條件之一者：
一、母國主管機關或自律組織或其他經本會認定之機構出具有國際證券業務經驗證明者。
二、取得除母國以外之其他國家交易所之會員或交易資格者。
三、於母國以外設有營業據點或其經營業務擴及海外市場，具有所申請經營業務種類之海外營業收入者。
第一項第一款所稱財務結構健全者，係指其最近期經會計師查核簽證之財務報告每股淨值不低於票面金額者。
一、對申請許可業務種類，具有國際證券業務經驗及財務結構健全者。
二、最近二年在其本國未曾受證券有關主管機關之處分者。
前項第一款所稱具有國際證券業務經驗者，係指從事證券業務三年以上，且具有左列條件之一者：
一、母國主管機關或自律組織或其他經本會認定之機構出具有國際證券業務經驗證明者。
二、取得除母國以外之其他國家交易所之會員或交易資格者。
三、於母國以外設有營業據點或其經營業務擴及海外市場，具有所申請經營業務種類之海外營業收入者。
第一項第一款所稱財務結構健全者，係指其最近期經會計師查核簽證之財務報告每股淨值不低於票面金額者。