Regulations Governing Required Qualifications for Responsible Persons and Required Trust Expertise or Experience for Operations and Managerial Personnel of Trust Enterprises Article 14

Trust enterprise supervisory personnel shall meet one of the following requirements for trust-related expertise or experience:1. Having attended, within a year prior to assuming the position, a cumulative total of at least three hours of courses for top-level managers of trust enterprises offered by the Trust Association of the R.O.C. (the "Trust Association") or a financial training institution recognized by it, and holding certificates of course completion.2. Having taught trust-related courses at a domestic or foreign educational institution at the junior college level or higher for 1 year or more, or at the Trust Association or a financial training institution recognized by it for 30 hours or more.3. Having taken the professional examination for trust business given by the Trust Association or a financial training institution recognized by it, and holding a certificate of qualification.The supervisory personnel of the preceding paragraph shall attend a cumulative total of at least 6 hours of trust-related courses given by the Trust Association or a financial training institution recognized by it once every 3 years.