The Financial Supervisory Commission establishes the Banking Bureau (hereinafter referred to as the “Bureau”) for purposes of the supervision and regulation of the banking market, the bills market, financial holding companies and banking enterprises, and the formulation, planning, and implementation of related policies, laws, and regulations.

The Bureau shall be in charge of the formulation, planning, and implementation of the following matters:
1. Supervision and regulation of all types of affairs related to banks, financial holding companies, credit cooperatives, bills houses, trust enterprises, financial asset and real estate securitization.
2. Supervision and regulation of foreign bank branches and representative offices.
3. Supervision and regulation of the financial cards businesses and related institutions.
4. Acknowledgement and regulation of impartial third parties as required by the Financial Institutions Merger Act.
5. Supervision and regulation of service enterprise engaged in interbank credit information processing and exchange, as well as in deposit insurance.
6. Collaboration with the Ministry of Transportation and Communications on the supervision and regulation of postal savings and remittances businesses.
7. Supervision and regulation of foreign exchange administration.
8. Processing of examination reports on financial institutions in relation to the functions of the Bureau and conducting necessary follow-up and assessments.
9. Consumer protection in connection with the businesses of the Bureau.
10. Supervision and regulation of all businesses referred to in the preceding nine subparagraphs, as well as incorporated foundations, and financial industry associations.
11. Supervision and regulation of other matters in connection with the banking market, the bills market, financial holding companies, and banking enterprises.

The Bureau shall have one director general, who shall be a regularly appointed senior civil servant at occupational grade 13, and two deputy directors general, who shall be regularly appointed senior civil servants at occupational grade 12.

The Bureau shall have one chief secretary, who shall be a regularly appointed senior civil servant at occupational grade 11

The civil service rank, occupational grade, and staffing quotas for each occupational title within the Bureau shall be separately specified in a personnel organization table.

The Executive Yuan shall prescribe by order the implementation date of this Act.