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Article NO. Content


Taipei Exchange Rules Governing the Operation by Securities Firms of the Business of Proprietary Trading of Security Tokens  CH

Amended Date: 2023.03.02 (Articles 4, 41 amended,English version coming soon)
Current English version amended on 2022.02.10 
Article 25     The types of security tokens that an issuer offers on a trading platform shall be limited to non-equity dividend tokens and debt tokens.
    Under the preceding paragraph, "dividend tokens" means tokens giving entitlement to share in the issuer's operating profit; "debt tokens" means tokens for which a maturity is specified and which are redeemable at maturity and give entitlement to share in interest distributed by the issuer.
    For any single offering of security tokens by an issuer, all of the security tokens shall have identical terms and conditions of issuance, and furthermore shall have the same price.
    The currency of the funds raised by an issuer, and of dividends or interest distributed after the offering, shall be limited solely to New Taiwan dollars.