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Article NO. Content

Title:

Regulations Governing the Offering and Issuance of Securities by Foreign Issuers  CH

Amended Date: 2023.12.29 
Article 32     The following particulars shall be specified in the custody contract or other custodian documents:
  1. The name, nationality and location of the principal place of business of each contracting party.
  2. The name, type and volume of the securities under custody.
  3. The method for calculation of the remuneration payable to the custodian institution and the manner and term for payment thereof.
  4. The procedures and manners for safe-keeping and withdrawal of securities.
  5. The manner for handling the rescission of the agreement or amendments thereto.
  6. The method for handling the destruction, damage or loss of the securities under custody.
  7. The fact that the custodian institution shall notify the depositary institution after receipt of the securities under custody.
  8. The fact that the governing law shall be the laws of the ROC.
  9. The court with jurisdiction over any litigation that may arise in connection with the custody contract; if there is any stipulation for arbitration, the details of such stipulation.
  10. Other important matters agreed upon by the contracting parties or required to be specified by the FSC.