The underwriter may, depending on the nature of business activities engaged in by the issuing company, appoint experts with professional knowledge and profound experience in technology, business and finance to conduct comparison and analysis of the current operating situation and future development, and issue independent and impartial review opinions, to facilitate the underwriter's assessment.
When assessing the risks in the application for primary stock listing of a foreign issuer, the underwriter may appoint experts to issue independent and impartial review opinions on the macro economy, political and economic changes, foreign exchange control, taxes, applicable laws and whether the validity of a final civil judgment issued by the R.O.C. court may be recognized in the jurisdiction where the foreign issuer was incorporated and the countries where the issuer has its main operation activities.
When experts are asked to issue review opinions, the underwriter shall assess the experts' professional qualifications, their technological capabilities and whether they may be relied on and their impartiality. When expert review opinions are used as basis of assessment, the underwriter shall ascertain the sources of information used by the experts and if the assumptions or methods adopted are appropriate and consistent.
Expert review opinions shall be used by the underwriter for reference only when issuing assessment reports, and shall not be referred to in the assessment reports. The underwriter shall perform a comprehensive assessment and issue a concrete conclusion with reference to the expert review opinion and other adequate and proper supporting documents and shall be ultimately responsible for the assessment.