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Amendments

Title：

Regulations Governing Borrowing or Lending Money in Connection with Securities Business by Securities Firms  CH

Amended Date： 2024.08.19 
Article Content Content Search Article No. Search Legal Basis Subordinate Legislation Amended Article Legislative History Chinese

Title： Regulations Governing Borrowing or Lending Money in Connection with Securities Business by Securities Firms(2007.03.06)
Date：
Article 16 When a securities firm conducts securities business money lending under Article 8 herein, the combined total of money lending financing limits, plus the limits on margin financing in margin purchase and short sale business, that it extends to a same person or same related parties, may not exceed a certain percentage of that securities firm's net worth, or a certain amount.
"Same person" in the preceding paragraph means a same natural person or same juristic person; the scope of "same related parties" means that person, their spouse, blood relatives within the second degree, and any enterprise of which that person or spouse is a responsible person. A same person or same related parties shall include those using the names of others.
The "certain percentage of that securities firm's net worth" of paragraph 1 means that for a natural person, it may not exceed 1 percent of the securities firm's net worth, or NT$60 million; for a juristic person, it may not exceed 5 percent of its net worth, or NT$130 millionNT$1 billion; for same related parties, the limit on total financing is 10 percent of the securities firm's net worth, of which the limit on financing extended to natural persons may not exceed 2 percent of the securities firm's net worth.