• Font Size:
  • S
  • M
  • L

Article NO. Content


Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies  CH

Amended Date: 2020.01.15 
Article 2     An independent director of a public company shall meet one of the following professional qualification requirements, together with at least five years work experience:
  1. An instructor or higher in a department of commerce, law, finance, accounting, or other academic department related to the business needs of the company in a public or private junior college, college, or university;
  2. A judge, public prosecutor, attorney, certified public accountant, or other professional or technical specialist who has passed a national examination and been awarded a certificate in a profession necessary for the business of the company.
  3. Have work experience in the area of commerce, law, finance, or accounting, or otherwise necessary for the business of the company.
    A person to whom any of the following circumstances applies may not serve as an independent director, or if already serving in such capacity, shall ipso facto be dismissed:
  1. Any of the circumstances in the subparagraphs of Article 30 of the Company Act.
  2. Elected in the capacity of the government, a juristic person, or a representative thereof, as provided in Article 27 of the Company Act.
  3. Any violation of the independent director qualification requirements set out in these Regulations.