Article 9
A bank that applies to operate trust business concurrently shall meet the following qualification requirements:
1. "Bank’s regulatory capital to its risk weighted assets" should meet the Article 5 of Regulations Governing the Capital Adequacy and Capital Category of Banks; and
2. The bank has set aside sufficient amount of loan loss provision; and
3. The bank’s credit rating reaches the level required for application to offer and issue collective trust fund and to establish a trust fund collective management account; and
4. The bank was not subject to any disciplinary action meted out pursuant to Subparagraphs 2 through 5, Paragraph 1, Article 61-1 of the Banking Act in the past six months.
The specific items of trust business, qualification requirements for applying to the Competent Authority for approval, application procedure, and registration operation for a securities investment trust enterprise, securities investment consulting enterprise, or securities firm that may concurrently conduct trust business pursuant to Paragraph 2, Article 3 of the Act shall be governed by the regulations set forth pursuant to Paragraph 3, Article 3 of the Act.