Standards Governing the Establishment of Securities Firms Article 33-1
A foreign securities firm intending to establish a representative office in the ROC shall meet both of the following qualifications:1. The applicant possesses sufficient experience in international securities business.2. The applicant has not been sanctioned by suspension of business or a more severe penalty by its home country's securities regulatory authorities within the most recent year.The term "sufficient experience in international securities business" in subparagraph 1 of the preceding paragraph shall be subject, mutatis mutandis, to the provisions of Article 28, subparagraph 2.
中文原文 證券商設置標準第33-1條
外國證券商在中華民國境內設置代表人辦事處，應具備左列條件：
一、具有國際證券業務經驗者。
二、最近一年在其本國未曾受證券有關主管機關為停業以上之處分者。
前項第一款所稱具有國際證券業務經驗者，準用第二十八條第二項之規定。
一、具有國際證券業務經驗者。
二、最近一年在其本國未曾受證券有關主管機關為停業以上之處分者。
前項第一款所稱具有國際證券業務經驗者，準用第二十八條第二項之規定。