Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

Directions for the Conduct of Wealth Management Business by Securities Firms 

Amended Date: 2020.09.10 (Articles 6 amended,English version coming soon)
Current English version amended on 2015.01.21 
3
    To conduct wealth management business by means of trusts, a securities firm shall apply for approval to concurrently operate money trusts and securities trusts pursuant to these Directions and the Regulations Governing the Concurrent Operation of Trust Business by Securities Investment Trust Enterprises, Securities Investment Consulting Enterprises, and Securities Firms (hereinafter, "the Regulations Governing the Concurrent Operation of Trust Business").
    When conducting wealth management business by means of trusts, a securities firm shall comply with the Trust Enterprise Act, the Regulations Governing the Concurrent Operation of Trust Business, and these Directions, and shall also comply with the Securities and Exchange Act, Trust Act, and other relevant regulations.
    If wealth management business conducted by a securities firm by means of trusts involves the operation of foreign exchange business, the Central Bank's approval shall also be obtained.
Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw