Taiwan Stock Exchange - Rules & Regulations Directory
Article NO. Content
The term "wealth management business" refers to a securities firm, through its associated persons, providing a high net worth customer with the following services according to the demands of the customer:
- Consulting in connection with asset allocation or financial planning, or services in connection with the sale of financial products..
- Performing asset allocation on behalf of the customer by means of a trust.
Each individual securities firm sets its own criteria, based on its operational strategies, or with reference to the criteria for professional investors under Article 3 of the Regulations Governing Offshore Structured Instruments, for what constitutes a "high net worth customer" as set out in the preceding paragraph.
- Regulations Governing Offshore Structured Products § 3 (2017.03.03)