The FSC announced amendments to the “Regulations Governing Qualification Requirements and Concurrent Service Restrictions and Matters for Compliance by the Responsible Persons of Banks” on September 16, 2015. Major amendments include: (1) allowing responsible persons of banks to concurrently serve as responsible persons of overseas companies invested by the banks’ holding companies or other subsidiaries of the holding companies; and (2) adding self-governance provisions for banks concerning concurrent service by their responsible persons.