Enforcement Rules of the Banking Act Article 4

"Enterprises" as referred to in Articles 32 and 33 of the Law shall not include foreign financial institutions invested by a bank with the approval of the Ministry of Finance and which are wholly owned by such bank or in which such bank owns more than fifty percent (50%) of the shares.
中文原文 銀行法施行細則第4條
本法第三十二條及第三十三條所稱之企業,不包括銀行經財政部核准單獨或合計投資百分之五十以上之國外金融機構。

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