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Amended Article

Title:

Taiwan Stock Exchange Corporation "Securities Listing Review Committee Charter"  CH

Amended Date: 2019.10.15 (Articles 2 amended,English version coming soon)
Current English version amended on 2014.03.18 
Categories: Primary Market > Review
Article 3     Members of the Committee shall include internal reviewers, external reviewers and directors of the TWSE:
  1. Internal reviewers: the President, Vice President, and supervisors of the Domestic Listing Department, Foreign Listing Department and Corporate Governance Department of the TWSE, provided if the supervisor of the Domestic Listing Department, Foreign Listing Department or Corporate Governance Department is unable to attend Committee meetings, the deputy supervisor of such department may act as the member of the Committee.
  2. External reviewers: Two specialists from the industry, one legal specialist and one finance/accounting specialist.
  3. Directors of the TWSE: Two directors appointed by the competent authority to be elected from among the members of the board of directors of the TWSE.
    For review of issues described in Article 2, paragraph 1, subparagraphs 1, 3, 4 and 5, the Committee should be comprised of reviewers in subparagraphs 1 and 2 of the preceding paragraph. For review of issues described in Article 2, paragraph 2, subparagraph 2 , the Committee should be comprised of reviewers in subparagraphs 1 to 3 of the preceding paragraph.
    When an internal reviewer is dismissed due to change of job position, his successor shall resume the position as reviewer. For external reviewers with expertise in law and finance/accounting, after an application for listing is accepted by the TWSE, a legal specialist and a finance/accounting specialist will be appointed subject to approval of the President upon written request. As for external reviewers with industrial expertise, specialists with an in-depth understanding of the industry where the applicant company undertakes business or specialists recommended by professional research institutes appointed by the TWSE, competent authority for the enterprise in question, local public or private colleges or universities and business associations of the relevant industry will be selected by the TWSE and appointed subject to approval of the President upon written request.
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