The Appeal Review Committee is composed of 13 members as follows:
- External members:
- The Taiwan Securities Association shall appoint four representatives for each meeting, and provide the list of representatives to the TWSE three days prior to the meeting.
- The TWSE shall select five representatives who are fair and impartial persons with expertise in law and securities practice and who are not employed at any securities firms to serve a 1-year term. In the event of a change of duties or resignation by any representative, the TWSE may select a new representative to complete the term of office.
- Internal members: The TWSE shall appoint four other members, consisting of the TWSE Senior Executive Vice President and the heads of the Trading Department, Intermediaries Service Department, and Secretarial & Legal Department, or a person appointed thereby, for each meeting.