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23
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When a securities firm, pursuant to Point 6, paragraph 1, subparagraph 2, item 3 herein, applies to conduct wealth management business by having a holding company that directly or indirectly holds 100 percent of the shares of the securities firm, or a financial holding company that has a controlling interest in the securities firm, issue an unconditional and irrevocable guaranty securing the liabilities of the securities firm, the only type of trust business that the securities firm may operate is non-discretionary individual management of money trusts, and the total dollar amount that the securities firm accepts to be entrusted to it by customers may not exceed NT$40 billion.
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