Regulations Governing the Consolidated Capital Adequacy of Financial Holding Companies Article 2
Terms used in these Regulations are defined as follows:1.The term "capital adequacy ratio of a financial holding company calculated on a consolidated basis" (hereinafter referred to as "group capital adequacy ratio") shall mean the group's net eligible capital divided by the group's statutory capital requirement.2.The term "group's net eligible capital" shall mean the combined total of the eligible capital of a financial holding company and those of its subsidiaries calculated based on the financial holding company's shareholding in the subsidiary (hereinafter referred to as "group's total eligible capital") less the amounts of deductions set forth in Article 4 herein.3.The term "financial holding company's eligible capital" shall mean the sum of the common stocks, preferred stocks, subordinated debts, capital collected in advance, capital surplus, retained earnings, and equity adjustment of a financial holding company less the company's goodwill, other intangible assets, deferred assets, and treasury stocks.4.The preferred stocks and subordinated debts referred to in the preceding subparagraph shall meet the following requirements:(1) The current issue must be collected in full.(2) The financial holding company, or its subsidiary or invested enterprise that may not hold any shares of the financial holding company pursuant to Article 38 of the Act has not provided any guarantee, collateral or other arrangements for the purpose of enhancing the repayment priority of the holders.(3) The term to maturity must be at least seven years, and the amount of issue must be progressively decreased by at least 20% per year during each of the last five years of the issue.(4) If it has been agreed that the holders of preferred stocks or subordinated debts may redeem the stock or debt before the date of maturity, the agreed redemption period shall be the term to maturity.(5) The total amount of preferred stocks and subordinated debts included in eligible capital may not exceed one-third of the financial holding company's eligible capital. However, preferred stocks and subordinated debts that meet the criteria for Additional Tier 1 Capital set forth in Article 10 of Regulations Governing the Capital Adequacy and Capital Category of Banks or Tier 1 limited capital set forth in Article 2 of Regulations Governing Capital Adequacy of Insurance Companies and do not exceed the statutory limit are excluded. The statutory limit is calculated in the following manner:i. The balance of "financial holding company's eligible capital" subtracted by "eligible capital of non-banking and non-insurance subsidiaries" and "the sum of preferred stocks and subordinated debts issued by the financial holding company" is taken as the base.ii. The result of the base in the preceding item divided by 85% and then multiplied by 15% is taken as the statutory limit.(6) If the payment of dividend/interest or the repayment of principal for the preferred stocks or debts causes the financial holding company's group capital adequacy ratio to fall below the minimum requirement, the payment of dividend or interest, or the repayment of principal shall be temporarily suspended.5.The term "subsidiary" shall mean any of subsidiaries prescribed in Subparagraph 4, paragraph 1, Article 4 of the Act.6.The term "subsidiary's eligible capital" shall mean a subsidiary's eligible capital calculated in accordance with Paragraph 1 of Article 3 herein.7.The term "group's statutory capital requirement" shall mean the sum of a financial holding company's statutory capital requirement and the statutory capital requirements of its subsidiaries calculated based on the financial holding company's shareholding in the subsidiary less the amounts of deductions set forth in Article 4 herein.8.The term "financial holding company's statutory capital requirement" shall mean the balance of a financial holding company's total assets after subtracting its cash (including cash equivalents), tax receivable (including tax refund receivable), prepaid taxes, the book value of short-term investments set forth in Paragraph 1, Article 39 of the Act, goodwill, other intangible assets, and deferred assets.9.The term "subsidiary's statutory capital requirement" shall mean a subsidiary's statutory capital requirement calculated in accordance with Paragraph 2 of Article 3 herein.10.The term "capital surplus" shall mean a positive difference between a company's eligible capital and statutory capital requirement as calculated in accordance with these Regulations.11.The term "capital deficit" shall mean a negative difference between a company's eligible capital and statutory capital requirement as calculated in accordance with these Regulations.
中文原文 金融控股公司合併資本適足性管理辦法第2條
本辦法用詞定義如下：
一、金融控股公司以合併基礎計算之資本適足性比率（以下簡稱集團資本適足率）：指集團合格資本淨額除以集團法定資本需求。
二、集團合格資本淨額：指金融控股公司之合格資本與依其持股比率計算各子公司之合格資本之合計數額（集團合格資本總額）減除第四條所規定之扣除金額。
三、金融控股公司之合格資本：指金融控股公司普通股、特別股、次順位債券、預收資本、公積、累積盈虧及其他權益之合計數額，減除商譽及其他無形資產、遞延資產及庫藏股後之餘額。
四、前款所稱特別股及次順位債券，應符合下列條件：
（一）當次發行額度，應全數收足。
（二）金融控股公司、本法第三十八條所稱不得持有金融控股公司股份之子公司或投資事業未提供保證、擔保品或其他安排，以增進持有人之受償順位。
（三）發行期限七年以上，最後五年每年至少遞減百分之二十。
（四）特別股或次順位債券約定持有人得贖回期限早於發行期限時，所稱發行期限為其約定得贖回期限。
（五）列入合格資本之特別股及次順位債券之總額，不得超過金融控股公司合格資本之三分之一，但不包括符合銀行資本適足性及資本等級管理辦法第十條所定之非普通股權益之其他第一類資本或保險業資本適足性管理辦法第二條所定之第一類限制性資本條件，且未超過法定額度限制者。
法定額度限制之計算方式如下：1.以金融控股公司之合格資本減除非銀行及保險子公司合格資本及金融控股公司所發行之特別股及次順位債券合計數後之餘額為計算基礎。
2.以前開計算基礎除以百分之八十五，再乘以百分之十五之數額為法定額度限制。
（六）因特別股或債券之付息或還本，致金融控股公司集團資本適足率低於最低要求時，應遞延支付股息或利息及本金。
五、子公司：指本法第四條第一項第四款所規定之子公司。
六、子公司之合格資本：指子公司依第三條第一項規定計算之合格資本。
七、集團法定資本需求：指金融控股公司之法定資本需求與依其持股比例計算各子公司法定資本需求之合計數額減除第四條所規定之扣除金額。
八、金融控股公司之法定資本需求：指金融控股公司全部資產總額減除現金（包含約當現金）、應收稅款（含應收退稅款）、預付稅款、本法第三十九條第一項之短期資金運用帳列金額、商譽及其他無形資產、遞延資產後之餘額。
九、子公司之法定資本需求：指子公司依第三條第二項規定計算之法定資本需求。
十、資本溢額：指各公司依本辦法計算之合格資本與法定資本需求之正差額。
十一、資本缺額：指各公司依本辦法計算之合格資本與法定資本需求之負差額。
一、金融控股公司以合併基礎計算之資本適足性比率（以下簡稱集團資本適足率）：指集團合格資本淨額除以集團法定資本需求。
二、集團合格資本淨額：指金融控股公司之合格資本與依其持股比率計算各子公司之合格資本之合計數額（集團合格資本總額）減除第四條所規定之扣除金額。
三、金融控股公司之合格資本：指金融控股公司普通股、特別股、次順位債券、預收資本、公積、累積盈虧及其他權益之合計數額，減除商譽及其他無形資產、遞延資產及庫藏股後之餘額。
四、前款所稱特別股及次順位債券，應符合下列條件：
（一）當次發行額度，應全數收足。
（二）金融控股公司、本法第三十八條所稱不得持有金融控股公司股份之子公司或投資事業未提供保證、擔保品或其他安排，以增進持有人之受償順位。
（三）發行期限七年以上，最後五年每年至少遞減百分之二十。
（四）特別股或次順位債券約定持有人得贖回期限早於發行期限時，所稱發行期限為其約定得贖回期限。
（五）列入合格資本之特別股及次順位債券之總額，不得超過金融控股公司合格資本之三分之一，但不包括符合銀行資本適足性及資本等級管理辦法第十條所定之非普通股權益之其他第一類資本或保險業資本適足性管理辦法第二條所定之第一類限制性資本條件，且未超過法定額度限制者。
法定額度限制之計算方式如下：1.以金融控股公司之合格資本減除非銀行及保險子公司合格資本及金融控股公司所發行之特別股及次順位債券合計數後之餘額為計算基礎。
2.以前開計算基礎除以百分之八十五，再乘以百分之十五之數額為法定額度限制。
（六）因特別股或債券之付息或還本，致金融控股公司集團資本適足率低於最低要求時，應遞延支付股息或利息及本金。
五、子公司：指本法第四條第一項第四款所規定之子公司。
六、子公司之合格資本：指子公司依第三條第一項規定計算之合格資本。
七、集團法定資本需求：指金融控股公司之法定資本需求與依其持股比例計算各子公司法定資本需求之合計數額減除第四條所規定之扣除金額。
八、金融控股公司之法定資本需求：指金融控股公司全部資產總額減除現金（包含約當現金）、應收稅款（含應收退稅款）、預付稅款、本法第三十九條第一項之短期資金運用帳列金額、商譽及其他無形資產、遞延資產後之餘額。
九、子公司之法定資本需求：指子公司依第三條第二項規定計算之法定資本需求。
十、資本溢額：指各公司依本辦法計算之合格資本與法定資本需求之正差額。
十一、資本缺額：指各公司依本辦法計算之合格資本與法定資本需求之負差額。