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Article 8
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The manager of an offshore banking branch shall meet the qualification requirements as provided in Article 3, Paragraph 1, and Article 5, Paragraph 1 of the Standard of the Fit and Proper Tests for the Responsible Persons of Banks enacted by the MOF pursuant to Article 35-2 of the Banking Law. For a manager appointed pursuant to Article 5, Paragraph 1, Item 4 of the above-mentioned Standard, such manager must possess professional knowledge of international financial markets or sufficient experience in the foreign exchange business.
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