Financial Holding Company Act Article 29
When a financial institution converts into a financial holding company, all shares shall be transferred.If a financial institution that converts into a financial holding company, as referred to in the preceding paragraph, is a company whose shares are listed on the Taiwan Stock Exchange or Taipei Exchange, its shares shall be de-listed on the date fixed for transfer of shares and the shares of the financial holding company shall be listed thereon instead.After a financial institution converts into a financial holding company, in addition to the requirement that directors and supervisors must comply with Article 26, Paragraph 6, of this Act, the financial holding company shall also comply with the relevant provisions of the Securities and Exchange Act and the Company Act.After completing the transfer in accordance with this Act, the bank subsidiary, insurance subsidiary or securities subsidiary of the financial holding company which is originally a public company shall, unless otherwise provided in this Act, comply with the provisions related to public issuing under the Securities and Exchange Act mutatis mutandis.
中文原文 金融控股公司法第29條
轉換為金融控股公司之金融機構,應以百分之百之股份轉換之。
前項轉換為金融控股公司之金融機構為上市(櫃)公司者,於股份轉換基準日終止上市(櫃),並由該金融控股公司上市(櫃)。
金融機構轉換為金融控股公司後,金融控股公司除其董事、監察人應依第二十六條第六項規定辦理外,並應符合證券交易法及公司法有關規定。
依本法規定轉換完成後,金融控股公司之銀行子公司、保險子公司及證券子公司原為公開發行公司者,除本法另有規定外,仍應準用證券交易法有關公開發行之規定。
前項轉換為金融控股公司之金融機構為上市(櫃)公司者,於股份轉換基準日終止上市(櫃),並由該金融控股公司上市(櫃)。
金融機構轉換為金融控股公司後,金融控股公司除其董事、監察人應依第二十六條第六項規定辦理外,並應符合證券交易法及公司法有關規定。
依本法規定轉換完成後,金融控股公司之銀行子公司、保險子公司及證券子公司原為公開發行公司者,除本法另有規定外,仍應準用證券交易法有關公開發行之規定。