Financial Sector (Shareholdings) approval to hold a stake No. 15 of 2026 – Taipei Fubon Commercial Bank Co., Ltd.
Financial Sector (Shareholdings) Act 1998
To: Fubon Financial Holding Co., Ltd (the applicant)
SINCE:
- the applicant has applied to the Treasurer under subsection 13(1) of the Financial Sector (Shareholdings) Act 1998 (the Act) for approval to hold a stake of more than 20% in Taipei Fubon Commercial Bank Co., Ltd. ABN 68 643 817 690 (the financial sector company); and
- I am satisfied that it is in the national interest to approve the applicant holding a stake of more than 20% in the financial sector company,
I, Peter Diamond, a delegate of the Treasurer, under paragraph 14(1)(a) of the Act, APPROVE the applicant holding a stake of 100% in the financial sector company.
This instrument commences on the day it is made and remains in force indefinitely.
Dated: 13 July 2026
Peter Diamond
Executive Director
General Insurance and Banking Division
APRA
Interpretation
In this instrument:
APRA means the Australian Prudential Regulation Authority.
stake in relation to a company, has the meaning given in clause 10 of Schedule 1 to the Act.
financial sector company has the meaning given in section 3 of the Act.
Notes
This instrument will be registered on the Federal Register of Legislation as a notifiable instrument.
The Treasurer or the Treasurer’s delegate is required to give a copy of this instrument to the financial sector company.
Section 19 of the Act provides for flow-on approvals for an approval under paragraph 14(1)(a) of the Act. If the approval relates to a financial sector company that is a holding company of an authorised deposit-taking institution or authorised insurance company, subsection 19(1) provides for flow-on approvals that relate to each financial sector company that is a 100% subsidiary of the holding company. If the approval is held by a company, subsection 19(3) provides for flow-on approvals to be held by each officer of the company.