The Banking Act of The Republic of China Article 22-1

To promote the development of inclusive finance and financial technology, an applicant, not limited to banks, may apply to engage in an innovative experiment in banking businesses pursuant to the Act of Financial Technology Development and Innovative Experiment.The innovative experiment in the preceding paragraph may be exempt from the requirements of this Act during the period and within the scope authorized by the competent authority.The competent authority shall take into account the outcomes of the innovative experiment in Paragraph 1 and review the appropriateness of this Act and relevant financial laws and regulations.