Regulations Governing the Banking Activity and the Establishment and the Investment by Financial Institution Between the Taiwan Area and the Mainland Area Article 49

If a third-area subsidiary bank meets the requirements set forth in subparagraphs 1 to 4, Paragraph 1 of Article 47, its Taiwan parent company may apply to the Competent Authority for approval for said third-area subsidiary bank to make equity investment in a financial institution in Mainland Area.For a third-area subsidiary bank to make equity investment in a non-financial institution in Mainland Area, its Taiwan parent company shall apply to the Ministry of Economic Affairs for approval in accordance with the Regulations Governing Investment or Technical Cooperation in Mainland Area.
中文原文 臺灣地區與大陸地區金融業務往來及投資許可管理辦法第49條
第三地區子銀行符合第四十七條第一項第一款至第四款規定者,得由臺灣地區母公司向主管機關申請許可其第三地區子銀行參股投資大陸地區金融機構。
第三地區子銀行參股投資大陸地區之非金融機構,臺灣地區母公司應依在大陸地區從事投資或技術合作許可辦法之規定,向經濟部申請許可。

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