| Title： |
Regulations Governing Book-Entry Operations for Centrally Deposited Securities(2015.10.07) |
| Date： |
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Article 21
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A customer, upon withdrawing securities deposited with a CSDE, shall present to the participant the passbook and a withdrawal slip which has been properly affixed with a specimen of the chop or signature originally used.
A participant shall, upon receiving a customer's request for withdrawal as referred to in the preceding paragraph, notify the CSDE by keying into the computer information regarding the types and quantities of securities to be withdrawn, and shall submit an application for withdrawal to the CSDE on the same date; the CSDE shall, upon receipt of the application, make necessary record entries on the participant's account books on the following business day.
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Article 23
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A CSDE shall, upon receiving the withdrawal slips as referred to in the preceding article, on the same day return to the participant the requested securities accompanied with a list specifying the serial numbers of the securities.
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Article 29
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While a participant is conducting the settlement for centralized securities which will be delivered by securities firms and securities finance enterprises to the Taiwan Stock exchange or the TPEx, a CSDE shall, in accordance with the "Calculation Table for Settlement" or the "Calculation Table for Delivery," transfer the said securities from the "sub-account pending settlement" on the relevant participants' account books to the accounts of the TWSE or of the TPEx within the prescribed time period for settlement. Where the balance in the account of a securities firm or securities finance enterprise is insufficient for settlement, the CSDE shall nevertheless transfer the existing balance to the account of the TWSE or of the TPEx, and notify the TWSE or the TPEx to take appropriate action on the matter.
For the securities to be delivered by the TWSE or the TPEx to securities firms or securities finance enterprises, the CSDE shall, in accordance with the notification of the TWSE or the TPEx, transfer the said securities to the accounts of securities firms or securities finance enterprises.
When a participant is conducting balance settlement for emerging stock or open-end fund beneficial certificate transactions, for stocks or open-end fund beneficial certificates that shall be delivered by securities firms to a CSDE, the CSDE shall, in accordance with the "Calculation Table for Delivery," transfer the stocks or open-end fund beneficial certificates from the "sub-account pending settlement" on the relevant participants' account books to the account of the CSDE. For stocks or open-end fund beneficial certificates that shall be received by a securities firm from the CSDE, the CSDE shall transfer the stocks or open-end fund beneficial certificates from its account to the account of the securities firm.
When participants conduct real-time gross settlement of emerging stock or open-end fund beneficial certificate transactions, the CSDE shall, after receiving notice from both participants, transfer the stock or open-end fund beneficial certificates from the selling participant's CSDE account into the buying participant's CSDE account, and shall notify the participants to make the necessary entries into their customer’s account books.
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Article 29-1
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When a transfer of securities by a customer, other than on a centralized securities exchange market or an over-the-counter market, is carried out by book-entry transfer, the customer shall submit the transfer information and relevant documentation to the participant along with its request to handle the transfer, in accordance with the provisions of the Criteria Governing Handling of Stock Affairs by Public Stock Companies. The participant shall notify the CSDE by keying into the computer information regarding the securities that should be transferred and delivered from the customer to the transferee, and shall make the necessary entries in the customer’s account books.
When the application for transfer of securities under the preceding paragraph is one for transfer of bonds, beneficial securities, or asset-backed securities and not of a private placement nature, the application shall be reviewed and confirmed by the participant; with respect to applications for transfer of other securities, the participant shall submit the transfer information and relevant documentation to the CSDE, and the CSDE shall forward the information and documentation to the issuer for review and confirmation.
Once the securities to be transferred by application have been reviewed and verified as correct by the participant or issuer, the CSDE shall transfer such securities from the "sub-account pending settlement" on the transferor's participant account book to the "sub-account of the customers" on the transferee's participant account book.
The provisions of paragraph 1, the latter part of paragraph 2, and the preceding paragraph shall apply mutatis mutandis to transfers of securities by participants other than on a centralized securities exchange market or an over-the-counter market, with the exception of transfers of bonds, beneficial securities, and asset-backed securities that moreover are not of private placement nature, which transfers shall be reviewed and confirmed by the CSDE.
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