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友善列印
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Article NO. Content

Title:

Operating Rules of the Taiwan Stock Exchange Corporation  CH

Amended Date: 2019.02.12
Article 113-1     Where default by any principal causes a securities firm to default on its obligations for settlement and the securities firm has reported such to the TWSE, the TWSE may notify other securities firms to temporarily suspend delivery to the defaulting principal of securities receivable by it for settlement, and that the securities owned by the defaulting principal and placed in custody with the central securities depository shall not be withdrawn or delivered. After the money and securities of the defaulting securities firm or the defaulting principal have been balanced, the TWSE shall notify other securities firms to proceed with settlement, and remove the said restriction on securities withdrawal or delivery.
    The preceding paragraph shall apply to any principal whose connection with the defaulting principal has been verified by the TWSE on evidence from defaulting securities firm(s) and consultation with the securities firm(s) to which the TWSE has intended to notify the suspension of settlement.
    Upon receiving court order of attachment execution to suspend settlement for the defaulting principal, a securities firm shall immediately notify the TWSE.