Offshore Banking Act Article 22-4

An offshore securities branch may only conduct the following types of business:1.Selling foreign currency financial debentures or other certificates of debt issued by its head office, to natural persons, juristic persons, government agencies, or financial institutions within or outside the territory of the ROC;2.Conducting commission agency, brokerage, and agency businesses of foreign currency denominated securities, or other foreign currency denominated financial products approved by the competent authorities, for natural persons, juristic persons, government agencies, or financial institutions within or outside the territory of the ROC;3.Conducting borrowing or lending of funds in connection with securities businesses, and buying and selling of foreign currency denominated securities or other foreign currency denominated financial products approved by the competent authorities, between the offshore securities branch and other financial institutions, and between the offshore securities branch and natural persons, juristic persons, government agencies, or financial institutions outside the territory of the ROC;4.Underwriting securities issued outside the territory of the ROC;5.Conducting account custody, agency, and consulting businesses related to the businesses specified in the subparagraphs above, for natural persons, juristic persons, government agencies, or financial institutions within or outside the territory of the ROC;6.Conducting consulting relating to asset allocation or financial planning, and sales services in connection with foreign currency denominated securities or other foreign currency denominated financial products approved by the competent authorities, for natural persons, juristic persons, government agencies, or financial institutions within or outside the territory of the ROC;7.Other foreign currency businesses related to securities approved by the competent authorities.The term, "financial institutions within the territory of the ROC" as used in any subparagraph of the preceding paragraph shall mean any financial institution approved by the CBC to engage in foreign exchange businesses or any offshore securities branch established in accordance with this Act.
中文原文 國際金融業務條例第22-4條
國際證券業務分公司經營之國際證券業務如下:
一、對於中華民國境內外之個人、法人、政府機關或金融機構銷售其總公司發行之外幣公司債及其他債務憑證。
二、辦理中華民國境內外之個人、法人、政府機關或金融機構之外幣有價證券或其他經主管機關核准外幣金融商品買賣之行紀、居間及代理業務。
三、辦理該分公司與其他金融機構及中華民國境外之個人、法人、政府機關或金融機構因證券業務之借貸款項及外幣有價證券或其他經主管機關核准外幣金融商品之買賣。
四、辦理中華民國境外之有價證券承銷業務。
五、對中華民國境內外之個人、法人、政府機關或金融機構辦理與前列各款業務有關之帳戶保管、代理及顧問業務。
六、辦理中華民國境內外之個人、法人、政府機關或金融機構委託之資產配置或財務規劃之顧問諮詢、外幣有價證券或其他經主管機關核准外幣金融商品之銷售服務。
七、經主管機關核准辦理之其他與證券相關外匯業務。
前項所稱中華民國境內金融機構,指經中央銀行許可辦理外匯業務之金融機構或依本條例設立之國際證券業務分公司。

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