Regulations Governing the Banking Activity and the Establishment and the Investment by Financial Institution Between the Taiwan Area and the Mainland Area Article 30

When a third-area subsidiary bank intends to establish a sub-branch under its branch in Mainland Area, its Taiwan parent company shall report to the Competent Authority in advance for recordation before applying to [the financial authority] in Mainland Area. The preceding provision applies to the closure of a sub-branch in Mainland Area. Before a sub-branch commences business, the Taiwan parent company shall submit the documents set out in Paragraph 4 of the preceding article to the Competent Authority for recordation.