Regulations Governing the Investing Activities of a Financial Holding Company Article 5
When a financial holding company submits an investment application according to Paragraph 2, Article 36 of the Act, it should list the following documents in addition to the regulations mentioned in Paragraph 2 of Article 6:1. Self-evaluation form and the statement that verifies the authenticity of application documents.2. Minutes of the board of the directors. For first-time investments, the minutes of the audit committee must also be provided.3. The purpose and details of the investment, which should include:(1) The shareholder structure of the investee enterprise.(2) The members of the management team of the investee enterprise.(3) The business scope, principles and guidelines, business plans of the investee enterprise.(4) Financial evaluation status for the next three years and the investment efficiency feasibility of the investee enterprise.(5) The share acquisition plan and consolidation project mentioned in Subparagraph 8, Paragraph 1 of Article 2, which include the method, targets, and ratio of share acquisition and the source of fund. The financial holding company must also provide an assessment of the feasibility of achieving the acquisition objectives and the reasonableness of the price.(6) The solid schedule of the investment plan that is to be executed and the measures when the plan fails to be performed as scheduled.(7) According to Article 146-1 of the Insurance Act, the subsidiary company of an insurance company should propose a processing scheme concerning whether to sell or keep the investment to the investee enterprise. The company should also submit the application document referred to in Article 146-6 of the Insurance Act for the investment that is to be kept for the investee enterprise.4. Make a statement that the company abides by Article 209, Article 206 of Company Act, and Article 178 of the same Act shall apply mutatis mutandis concerning the regulations on non-competition, prevention of conflicts of interest, and no advance investment.5. Explanation on the capital adequacy ratio of the financial holding group and the capital adequacy of each of its subsidiary company.6. The combined balance sheet and income sheet for the company and its subsidiary company in the most recent period.7. The double leverage ratio after the addition of the investment and the detailed list of investee enterprise by the company.8. Details of fund source. If the source is a loan, the company shall detail the source of payment and the debt-payment plan and, additionally, enlist the influences to its financial structure.9. A performance evaluation on how the investment will affect the overall operation and development of the company and its subsidiary companies and the projected economic scale or synergies.10. If the investee enterprise is an existing company, the company should attach with the balance sheet and income sheet of the most recent one year of the investee enterprise. Further explanation shall be proposed if the investee enterprise has incurred cumulative losses.11. For an enterprise that was invested by a financial holding company, if the securities issued by the investee enterprise have been bought by the financial holding company and/or its subsidiary companies, affiliate companies, and the responsible person, major shareholders or others or, the financial holding company or its subsidiary companies have signed with others a derivative financial product contract that is linked to the securities with share rights of the investee enterprise, then the related information of the buying activity or the contract should be presented. The related documents include:(1) The detailed list of above-mentioned securities.(2) The sale and buying transaction details within the past six months.(3) Details of future purchase plans and source of fund.(4) The information to be applied as major information in the public information observation portal should include: the number of shares for the related stocks, the exercise or transfer price, equivalent amount, and date.12. If the company shareholder stocks of any investee enterprise within this application from a financial holding company, which have been bought by the company and its subsidiary companies, affiliate companies, and the responsible person, major shareholders or others of the above-mentioned companies exceed 5%, and if the total stocks held by above mentioned company and its subsidiary companies, affiliate companies, and the responsible person, major shareholders or others have exceeded 50% of the issued shares by the company, it is necessary to propose the detailed list of purchased shares and its source of fund.13. Managements and specific risk-control mechanisms by the company.14. For the financial holding company whose shareholding pledge ratio for all directors, supervisors, and major shareholders within the most recent six months before the application date is over 50% on the average, its individual directors, supervisors, or major shareholders with over 50% for its shareholding pledge ratio shall provide the following documents and analyzed by the financial holding company for the impacts on the operation of the company:(1) Response actions to the temporary revolution of capital when there is an increase in interest rate or decrease in stock price.(2) A statement proclaiming that the person is willing to perform the response actions correctly.15. Double audit report that meet the regulations in Article 2 and 3 by an accountant.16. Investments that are not exchanged by the centralized security exchange market or over-the-counter market should provide explanation on the reasonability of transaction prices.17. In accordance with the provisions of the first half of Subparagraph 8 of Paragraph 1 in Article 2, the company shall propose a specific and clear plan to release shares of the financial holding firms, banks, insurance companies and securities firms if it does not complete the consolidation within a certain period approved by the competent authority.18. Other evaluation documents that should be provided based on the characteristics of the investee enterprise.The securities with stock rights nature referred to in the preceding Paragraph 11 refer to the securities prescribed in Paragraph 1, Article 11 of Enforcement Rules for Securities and Exchange Act.When an affiliate company directly or indirectly controlled by a financial holding company purposes to invest in the enterprise mentioned in Paragraph 2, Article 36 of the Act and is enlisted as an equity investment, besides attending to in accordance with the regulations of each business, the financial holding company should also provide on behalf of the affiliate company the self-evaluation form of the investment application, a statement claiming the authenticity of the application documents, and the statement of non-competition, prevention of conflicts of interest, and no advance investment for authorization.A subsidiary venture capital firm of a financial holding company investing in businesses other than Subparagraph 1 to 8 of Paragraph 2 in Article 36 is not subject to the restriction of the preceding Paragraph.
中文原文 金融控股公司投資管理辦法第5條
金融控股公司依本法第三十六條第二項申請投資時，除屬第六條第二項規定之情形外，應檢具下列書件：
一、自評表及申請文件為真實確認之聲明書。
二、董事會會議紀錄，首次投資並應附審計委員會會議紀錄。
三、投資目的、計畫，其內容包括：
（一）被投資事業股東結構。
（二）被投資事業經營團隊成員。
（三）被投資事業業務範圍、業務之原則及方針、業務發展計畫。
（四）被投資事業未來三年財務評估狀況、投資效益可行性分析。
（五）依第二條第一項第八款所為之購足股份計畫及整併方案，包括：股份購買方式、對象、比率及資金來源等，並應提出達成收購目標之可行性及價格合理性評估。
（六）預定執行投資計畫之具體時程及未能依計畫執行之處置措施。
（七）保險子公司依保險法第一百四十六條之一對該被投資事業之投資部位是否賣出或繼續持有之處理方案，擬繼續持有該被投資事業之投資部位，應提出依保險法第一百四十六條之六持有之申請文件。
四、遵守公司法第二百零九條、第二百零六條準用同法第一百七十八條有關競業禁止、利益衝突防止規定及不事先投資之聲明書。
五、該公司集團資本適足率及各子公司資本適足性之說明。
六、該公司及其子公司最近一期合併資產負債表及損益表。
七、該公司加計本次投資後之雙重槓桿比率及已投資事業明細表。
八、資金來源明細。
以舉債為資金來源者並應檢附還款來源、償債計畫及其對資本及財務結構之影響。
九、本次投資對該公司及其子公司未來整體營運發展及產生規模經濟或綜效之績效評估。
十、被投資事業為既存公司者，應檢附該被投資事業最近一年資產負債表及損益表，如被投資事業有累積虧損者，應提出說明。
十一、該公司及其子公司、關係企業、及上開公司之負責人、大股東或以他人名義已購買金融控股公司本次所申請之被投資事業所發行具股權性質之有價證券或與他人簽訂之衍生性金融商品契約所連結之該被投資事業具股權性質之有價證券之相關資料，相關書件包括：
（一）購買前開有價證券之明細表。
（二）過去六個月買進、賣出交易資料。
（三）未來購買計畫及資金來源之詳細說明。
（四）於公開資訊觀測站申報重大訊息之資料，應包括：連結證券之股數、執行或轉換價格、約當金額、執行日等。
十二、該公司及其子公司、關係企業、及上開公司之負責人、大股東或以他人名義已購買金融控股公司本次所申請之被投資事業任一持有被投資事業股份超過百分之五之法人股東股票，合計超過該法人股東已發行股份總額百分之五十者，應申報其明細表及其資金來源。
十三、該公司對所有投資事業之管理及具體風險控管機制。
十四、申請日前最近六個月全體董事、監察人及大股東持股設質比率平均百分之五十以上之金融控股公司，其持股設質比率百分之五十以上之個別董事、監察人或大股東應提出下列書件，由金融控股公司彙總分析其對公司經營之影響：
（一）利率上漲或股價下跌時資金週轉之因應方案。
（二）出具願確實執行因應方案之聲明書。
十五、經會計師複核出具符合第二條、第四條之複核意見書。
十六、非經由證券集中交易市場或證券商營業處所進行之投資行為，應提出交易價格合理性之說明。
十七、依第二條第一項第八款前段規定，對金融控股公司、銀行、保險公司及證券商所為之投資，應提出若未於主管機關核准後一定期限內完成整併，所採取具體明確之釋出持股方案。
十八、其他依被投資事業特性應另行檢具之評估資料。
前項第十一款所稱具股權性質之有價證券，指股票及證券交易法施行細則第十一條第一項規定之有價證券。
金融控股公司直接或間接控制之關係企業投資本法第三十六條第二項之事業，並認列為長期股權投資者，除依各業法規定辦理外，應由金融控股公司檢附代關係企業申請投資案之自評表、申請文件為真實確認之聲明書，以及競業禁止、利益衝突防止規定及不事先投資之聲明書，代向主管機關申請核准。
金融控股公司之創業投資事業子公司投資本法第三十六條第二項第一款至第八款以外之事業，不受前項規定限制。
一、自評表及申請文件為真實確認之聲明書。
二、董事會會議紀錄，首次投資並應附審計委員會會議紀錄。
三、投資目的、計畫，其內容包括：
（一）被投資事業股東結構。
（二）被投資事業經營團隊成員。
（三）被投資事業業務範圍、業務之原則及方針、業務發展計畫。
（四）被投資事業未來三年財務評估狀況、投資效益可行性分析。
（五）依第二條第一項第八款所為之購足股份計畫及整併方案，包括：股份購買方式、對象、比率及資金來源等，並應提出達成收購目標之可行性及價格合理性評估。
（六）預定執行投資計畫之具體時程及未能依計畫執行之處置措施。
（七）保險子公司依保險法第一百四十六條之一對該被投資事業之投資部位是否賣出或繼續持有之處理方案，擬繼續持有該被投資事業之投資部位，應提出依保險法第一百四十六條之六持有之申請文件。
四、遵守公司法第二百零九條、第二百零六條準用同法第一百七十八條有關競業禁止、利益衝突防止規定及不事先投資之聲明書。
五、該公司集團資本適足率及各子公司資本適足性之說明。
六、該公司及其子公司最近一期合併資產負債表及損益表。
七、該公司加計本次投資後之雙重槓桿比率及已投資事業明細表。
八、資金來源明細。
以舉債為資金來源者並應檢附還款來源、償債計畫及其對資本及財務結構之影響。
九、本次投資對該公司及其子公司未來整體營運發展及產生規模經濟或綜效之績效評估。
十、被投資事業為既存公司者，應檢附該被投資事業最近一年資產負債表及損益表，如被投資事業有累積虧損者，應提出說明。
十一、該公司及其子公司、關係企業、及上開公司之負責人、大股東或以他人名義已購買金融控股公司本次所申請之被投資事業所發行具股權性質之有價證券或與他人簽訂之衍生性金融商品契約所連結之該被投資事業具股權性質之有價證券之相關資料，相關書件包括：
（一）購買前開有價證券之明細表。
（二）過去六個月買進、賣出交易資料。
（三）未來購買計畫及資金來源之詳細說明。
（四）於公開資訊觀測站申報重大訊息之資料，應包括：連結證券之股數、執行或轉換價格、約當金額、執行日等。
十二、該公司及其子公司、關係企業、及上開公司之負責人、大股東或以他人名義已購買金融控股公司本次所申請之被投資事業任一持有被投資事業股份超過百分之五之法人股東股票，合計超過該法人股東已發行股份總額百分之五十者，應申報其明細表及其資金來源。
十三、該公司對所有投資事業之管理及具體風險控管機制。
十四、申請日前最近六個月全體董事、監察人及大股東持股設質比率平均百分之五十以上之金融控股公司，其持股設質比率百分之五十以上之個別董事、監察人或大股東應提出下列書件，由金融控股公司彙總分析其對公司經營之影響：
（一）利率上漲或股價下跌時資金週轉之因應方案。
（二）出具願確實執行因應方案之聲明書。
十五、經會計師複核出具符合第二條、第四條之複核意見書。
十六、非經由證券集中交易市場或證券商營業處所進行之投資行為，應提出交易價格合理性之說明。
十七、依第二條第一項第八款前段規定，對金融控股公司、銀行、保險公司及證券商所為之投資，應提出若未於主管機關核准後一定期限內完成整併，所採取具體明確之釋出持股方案。
十八、其他依被投資事業特性應另行檢具之評估資料。
前項第十一款所稱具股權性質之有價證券，指股票及證券交易法施行細則第十一條第一項規定之有價證券。
金融控股公司直接或間接控制之關係企業投資本法第三十六條第二項之事業，並認列為長期股權投資者，除依各業法規定辦理外，應由金融控股公司檢附代關係企業申請投資案之自評表、申請文件為真實確認之聲明書，以及競業禁止、利益衝突防止規定及不事先投資之聲明書，代向主管機關申請核准。
金融控股公司之創業投資事業子公司投資本法第三十六條第二項第一款至第八款以外之事業，不受前項規定限制。