Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

Operating Rules of the Taiwan Stock Exchange Corporation 

Amended Date: 2024.03.11 (Articles 43 amended,English version coming soon)
Current English version amended on 2022.04.28 
Categories: Basic Laws and Regulations
112
    A securities broker may not refuse to perform its obligations for settlement on grounds of the following matters:
  1. Default by the principal.
  2. Delayed settlement by the principal.
  3. Failure by the authorized discretionary trader for a discretionary investment account to perform on time obligations arising from a trade exceeding the scope of the discretionary trader's authorization.
  4. A shortfall in refinancing for a margin purchase or short sale.

Interpretation:

Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw