The TFTC issued an order on March 9, 2015, raising the revenue thresholds for merger filing as follows: (1) if the parties to the merger are non­financial institutions, their revenues should exceed NT$15 billion and NT$2 billion respectively in the previous fiscal year; (2) if the parties to the merger are financial institutions, their revenues should exceed NT$30 billion and NT$2 billion respectively in the previous fiscal year; and (3) if a merger involves both non­financial institutions and financial institutions, the threshold for non­financial institutions will apply.