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Chapter Content

Title:

Criteria Governing the Particulars to be Recorded in the Prospectus for the Establishment by Public Offering of Financial/Insurance Enterprises  CH

Amended Date: 1999.02.23 
   Chapter III Supplementary Provisions
      Section III Business Plan
Article 15    The industry summary and market analysis shall include the following items:
  1. Industry Summary: Stating the development of the financial/insurance industries, trends and competition with regard to all kinds of financial/insurance products.
  2. Market Analysis: Analyzing supply and demand in the financial/insurance markets, market segments, target markets, competition strategies, and advantageous and disadvantageous factors with regard to developmental outlook.
Article 16    The business objectives shall include the following items:
  1. Banks:
    1. The projected deposit amount for the future three years: Setting forth the projected deposit amount by nature of the deposit for the future three years. (Attachment 10)
    2. The projected credit extension amount for the future three years: Setting forth the projected credit extension amount by discount/loan, guarantee, and other types of credit extension for the future three years. (Attachment 11)
    3. The projected number of employees for the future three years: Setting forth projected number of employees by nature of job for the future three years. (Attachment 12)
    4. The projected amount of direct investment for the future three years: Industrial banks shall set forth the projected amount and proportion of direct investment by type of enterprise for direct investment for the future three years. (Attachment 13)
    5. The projected amount of financial bonds for issuance for the future three years: Industrial banks shall set forth the projected amount of financial bonds for issuance for the future three years.
  2. Insurance Companies:
    1. The projected income from each insurance fee for the future three years: Setting forth projected income from insurance fees by type of insurance operated for the future three years. (Attachment 14)
    2. The funds utilization plan for the future three years: Setting forth the projected amount and proportion of investment by category of funds for utilization for the future three years. (Attachment 15)
    3. The projected number of employees for the future three years: Setting forth the projected number of employees by nature of job for the future three years. (Attachment 16)
Article 17    The major contents of the business plan statement shall include the following items:
  1. Banks:
    1. business scope.
    2. business principles and policies.
    3. sites and facilities.
    4. departments and functions.
    5. personnel recruitment and training.
    6. business development plans.
    7. financial projection for the future three years.
  2. Insurance Companies: Setting forth items in the preceding sub-subparagraphs 1 through 7, and reinsurance policies for the future three years.
Article 18    The plan for acquisition of real properties or long-term investment shall set forth the name, nature, purpose of acquisition, and the planned acquiring price of the real properties or long-term investment.