Investments made by a trust enterprise in which trust assets are used for foreign investments or investments involving foreign exchange, for a trustor who is a non-professional investor, shall be limited to the following:1. Foreign currency deposits in a domestic bank or a foreign bank ranked in the top 500 globally in bank capital or assets, or a domestic branch of such a bank, provided that the bank's credit rating is at or above the specified rating from a credit rating agency listed in Appendix 1.2. The objectives traded on foreign securities exchanges designated by the competent authority in accordance with the Regulations Governing Securities Firms Accepting Orders to Trade Foreign Securities:(1) Stocks, warrants, depository receipts, and real estate investment trusts(REITs).(2) Exchange Traded Funds(ETF). When buying or selling leveraged or inverse ETF, the ETF shall not exceed double in long position or one time in short position and the principal shall meet one of the following conditions:(i) Having opened a domestic margin trading account;(ii)Having made more than ten (10) transactions involving domestic or foreign call (put) warrant within the past year;(iii)Having made more than ten (10) transactions involving domestic or foreign futures within the past year; or(iv)Having the record of trading leveraged or inverse ETF listed on domestic or foreign securities market.(3) Exchange Traded Note(ETN) which are invested principally in stocks, bondsor commodity (gold only)and have neither a leveraging nor a shorting effect.3. Securities investment trust funds or futures trust fund denominated in foreign currency and offered in accordance with the Regulations Governing Securities Investment Trust Funds or the Regulations Governing Futures Trust Funds.4. Offshore funds that, in accordance with the Regulations Governing Offshore Funds, are approved by or effectively registered with the competent authority and offered and sold domestically.5. Foreign currency denominated short-term bills of an obligor (issuer, guarantor, or acceptor) whose short-term credit rating is at or above the specified rating from a credit rating agency listed in Appendix 5.6. Foreign currency denominated bonds issued in accordance with the Regulations Governing the Offering and Issuance of Securities by Foreign Securities Issuers that are already traded in the secondary market.7. Foreign bonds meeting the following credit rating criteria:(1) Foreign central government bonds: Bonds of an issuing country whose sovereign credit rating is at or above the specified rating from a credit rating agency listed in Appendix 6.(2) Foreign bonds, other than those mentioned in the preceding item and Total Loss Absorbing Capacity (TLAC) bonds, included convertible corporate bonds and corporate bonds with warrants: Bonds for which the long-term debt credit rating of the issuer or guarantor, and the bond's debt issue rating, must be at or above the specified rating from a credit rating agency listed in Appendix 7. Prior to the enforcement of the amendment to these Regulations on April 11, 2025, trust enterprises that have already used trust property to invest in TLAC bonds may only accept selling orders from trustors and may no longer accept orders to invest in such bonds.8. Foreign securitized products, not including re-securitized or synthetic securitized products, with a debt issue rating at or above the specified rating from a credit rating agency listed in Appendix 7.9. Repo-style transactions in the instruments of the preceding four subparagraphs: When the instrument of subparagraph 5 is the subject of the transaction, the short-term debt credit rating of the trading counterparty must be at or above the specified rating from a credit rating agency listed in Appendix 5; when an instrument under any of the preceding three subparagraphs is the subject of the transaction, the long-term debt credit rating of the trading counterparty must be at or above the specified rating from a credit rating agency listed in Appendix 7.10. Offshore structured products that meet the requirements of the Regulations Governing Offshore Structured Products for investment by non-professional investors.11. Gold.12. Other subjects of investment approved by the competent authority.Appendix 1 （Credit Ratings Requirement of Banks Taking Foreign Currency Deposit）【Applied to professional investor and non-professional investor】 .pdfAppendix 5 (Short-term Issuer Credit Ratings)【Applied to Non-professional Investor】.pdfAppendix 6 (Sovereign Credit Ratings)【Applied to Non-professional Investor】 .pdfAppendix 7 (Long-term Credit Ratings of Issuers or Guarantors, and Issue Ratings)【Applied to Non-professional Investor】.pdf