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Article NO. Content

Title：

Regulations Governing the Administration of Credit Rating Agencies  CH

Amended Date： 2015.12.31 
Article Content Content Search Article No. Search Legal Basis Amended Article Legislative History Chinese
Article 9      The promoters applying for approval of establishment of a credit rating agency pursuant to the provisions of Article 4 shall submit the application with the following documents together with related documentary proofs to the FSC for approval:
  1. Articles of Incorporation.
  2. Business plan.
  3. List of promoters, specifying the name or company name, address, and capital contribution, and a statement declaring the inapplicability of paragraph 1 of Article 6 of these Regulations.
  4. The minutes from the meeting of promoters;
  5. Other documents that the FSC may require.
    Where an internationally recognized credit rating agency intends to establish a branch office in the Republic of China pursuant to the provisions of Article 5, it shall apply to the FSC for approval, submitting an application form and the following documents together with related documentary proofs:
  1. Articles of Incorporation, or a document equivalent to Articles of Incorporation.
  2. Business plan.
  3. A document proving that the company meets the qualifications of an internationally recognized credit rating agency, as set forth in paragraph 2 of Article 2.
  4. The minutes of the board of directors meeting at which the resolution to establish a branch office in the Republic of China was made.
  5. The names, nationalities, and domiciles of directors and other responsible persons.
  6. The names, nationalities, domiciles or residences, documentation of identity, and the power of attorney of designated agents for litigious and non-litigious matters in the Republic of China.
  7. The power of attorney designating agents for the purpose of applying for establishment of branch offices.
  8. Other documents that the FSC may require.
    The business plan referred to in subparagraph 2 of paragraph 1 and in subparagraph 2 of the preceding paragraph shall specify the following:
  1. The principles of business operation, business development plan, the divisions of internal organization, planning for internal control.
  2. Recruitment and training of personnel, and summary of business floor and the facilities.
  3. A financial projection for the next year.
  4. Other items relevant to business operation.

Interpretation：

Relevant Laws：