Regulations Governing Authorization and Administration of Service Enterprises Engaged in Interbank Credit Information Processing and Exchange Article 7

The vice president, assistant vice president, manager and/or anyone with the equivalent job responsibility in the service enterprise engaged in interbank credit information processing and exchange should have good codes of conduct, leadership and ability to effectively manage the business unit, and fulfill any of the following requirements:1. Holds a bachelor's degree or higher in Taiwan or abroad, or possesses an equivalent level of education; has worked in banking for not less than five years, including experience as assistant manager or higher at a bank's head office, or equivalent experience, or experience in a comparable position at a bank of comparable size; and performed well in the above.2. Holds a bachelor's degree or higher in Taiwan or abroad, or possesses an equivalent level of education; has worked for not less than five years in the government in financial administration or oversight, including experience at civil service Junior Rank [Class 8] or higher, or experience in an equivalent position; and performed well in the above.3. Has worked in banking for not less than three years, including experience as manager or higher of a bank, or experience in an equivalent position; and performed well in the above.4. Has worked for not less than five years at a service enterprise engaged in interbank credit information processing and exchange, or has worked for not less than five years in financial information services, including experience at the rank of manager or higher, or experience in an equivalent position; and performed well in the above.5. Can present other facts sufficient to prove that he or she is knowledgeable in the fields of finance and information technology, and is capable of properly and effectively operating a service enterprise engaged in interbank credit information processing and exchange.Within 30 days from the day on which any person assumes the position of vice president, assistant vice president or manager of a service enterprise engaged in interbank credit information processing and exchange, the enterprise shall submit documentation of the person's qualifications to the Competent Authority for acknowledgement.