Taiwan Stock Exchange - Rules & Regulations Directory
time:2019/11/20 03:22

Article NO. Content

Title:

Regulations Governing Securities Borrowing and Lending by Securities Firms 

Amended Date: 2015.11.02 
Article 15
    A securities firm conducting securities borrowing and lending business shall enter into a securities lending agreement with each customer, and shall open one and only one securities borrowing/lending account for each customer.
    The securities firm shall approve a line of credit to a customer based on the result of a credit check against such customer, and furnish a risk disclosure statement disclosing therein the risks associated with securities lending transactions.
    A securities firm conducting securities borrowing and lending business shall set up a separate account ledger for each customer and record therein on a daily basis the following:
  1. Subject matter of securities borrowing and lending transactions and outstanding balances.
  2. Itemized collaterals and their values.
  3. Margin calls for and disposal of collaterals.
Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw