The FSC announced the Regulations on July 23, 2015. The key points are summarized as below: (1) If a bank owns real estate that is not the result of new investment and the use of such real estate exceeds the bank’s own needs, the bank should dispose of the real estate as soon as possible. Before the bank disposes of the real estate, it shall not be subject to the restriction requiring a certain percentage of banks’ real estate holdings to be for self-use only. (2) If a bank provides real estate that exceeds its need for self-use to cultural, art or public interest institutions or organizations and is approved by the competent authority, the bank will not be required to dispose of the real estate at that stage and shall not be subject to the restriction requiring a certain percentage of banks’ real estate holdings to be for self-use only. (3) If a financial holding company leases its self-use real estate purchased prior to becoming a financial holding company to its parent company or wholly owned subsidiary and receives fair consideration, the real estate shall not be subject to the restriction requiring a certain percentage of banks’ real estate holdings to be for self-use only.