Regulations Governing Institutions Engaging In Credit Card Business Article 8

If the application submitted by a credit card business institution for approval to establish or engage in concurrently credit card business has any of the following situations, the Competent Authority may reject such application:1. The application documents contain false information or misrepresentation;2. The applicant fails to complete relevant corrective actions for the application as required by the Competent Authority within the given period of time;3. In the Competent Authority's opinion, the applicant would be unable to soundly and efficiently operate the business; or4. Any other nonconformity with these Regulations exists.
中文原文 信用卡業務機構管理辦法第8條
信用卡業務機構申請設立許可或兼營許可時,有下列情形之一者,主管機關得不予許可:
一、申請書件內容有虛偽不實者。
二、經主管機關限期補正事項未補正者。
三、經主管機關認定無法健全有效經營者。
四、其他不符合本辦法規定者。

English translation for reference only; the Chinese text prevails. Not legal advice.