With the permission of the competent authority, Taiwan-area securities and futures institutions and their branches in a third region, with the exception of third-region subsidiaries, may engage in the following business transactions with natural persons, juristic persons, organizations, and other institutions of the Mainland Area or their branches in a third region:
1. Shareholder services for stocks of Taiwan issuers that are held by persons in the Mainland Area due to succession or bequest.
2. The sale of stocks of Taiwan issuers that are held by persons in the Mainland Area due to succession or bequest.
3. Securities investment consulting business or futures consulting business.
4. Discretionary securities investment and discretionary futures trading services.
5. Securities or futures education and training.
6. Futures trades on futures exchanges in the Mainland Area.
7. Financial planning and consulting business.
8. Other business approved by the competent authority.

With the permission of the competent authority, and in accordance with the types of securities and futures business permitted by law and regulation in the home country of their location, the third-region subsidiaries of Taiwan-area securities or futures institutions may engage in securities and futures transactions with the natural persons, juristic persons, organizations, or other institutions of the Mainland Area or branches established by them in a third region.

When a Taiwan-area securities and futures institution engages in the business of the two preceding articles, with the exception of Article 7, paragraph 6, its head office shall apply to the competent authority for permission, stating the types of business and business counterparties, and submitting the following documents:
1. The name and address of the branches, and the name and domicile of the responsible persons.
2. The types of business for which the local governments of such branches outside of the Taiwan Area has granted prior approval for the branch unit to operate.
3. A written statement of the business and financial conditions of such branches.
4. A business plan, containing a business development plan, detailed business items, and estimated balance sheets and income statements for the coming 3 years.

After reporting to and receiving approval from the Executive Yuan, the competent authority may restrict or prohibit business transactions undertaken pursuant to these Regulations when necessary to maintain the stability of the domestic securities and futures markets.

A Taiwan-area securities and futures institution and any of its third-region subsidiaries that engage in business in accordance with these Regulations shall report the status of the business to its head office within 15 days after the end of each quarter, and the head office shall compile the information and forward it to the competent authority for recordation.