Regulations Governing Cross-selling Activities Among Subsidiaries of a Financial Holding Company Article 8

Service personnel conducting cross-selling shall meet the qualification or licensing requirements needed for each respective business as prescribed by the relevant laws, regulations, and administrative orders of the FSC, and shall complete registration or recordation procedures. However, for those who only conduct cross-selling for only one insurance trust or one elderly care trust under Subparagraph 5 of Paragraph 1 of Article 6, the required hours for pre-service training and in-service training every three years related to insurance trust or elderly care trust shall be at least three hours each. The training institutions and hours shall be determined by the Trust Association of the Republic of China, and the provisions of Paragraphs 2 and 3, Article 16 of the Regulations Governing Required Qualifications for Responsible Persons and Required Trust Expertise or Experience for Operations and Managerial Personnel of Trust Enterprises shall not apply.The code of conduct, rights, and obligations of the aforementioned service personnel when conducting the other businesses shall be handled in accordance with the relevant regulations of the competent authority governing the other businesses. If a violation arises in the course of executing their business, a sanction may be imposed under the laws and regulations governing such other businesses.Service personnel conducting cross-selling shall complete relevant professional training courses when handling the opening of bank deposit accounts.When personnel of a financial holding company concurrently conduct cross-selling for a subsidiary, such concurrent positions shall not involve any conflict of interest or violate the internal control systems of the financial holding company and its subsidiaries.