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Article NO. Content

Title：

Standards Governing the Establishment of Securities Firms  CH

Amended Date： 2025.07.18 (Articles 19, 20, 20-1, 21, 22, 23-1, 24, 24-1, 24-2, 24-3 amended,English version coming soon)
Current English version amended on 2025.05.08 
Article Content Chapter Content Search Article No. Search Legal Basis Subordinate Legislation Amended Article Legislative History Chinese
Article 19 A securities firm established under these Standards may apply for the establishment of a branch unit upon the completion of 1 year operation. Such restriction does not apply, however, to the establishment of a branch unit as a result of merger or transfer.

Interpretation：