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Article NO. Content

Title：

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 Content Chapter Content Search Article No. Search Legal Basis Subordinate Legislation Amended Article Legislative History Chinese
Article 32     The securities firm shall open a trust account at a financial institution to be used exclusively for receipt and deposit on behalf of the issuer of the funds to be raised. Only after the fundraising period has ended and the funds collected furthermore have reached the fundraising soft cap may the securities firm then transfer the funds in the aforesaid account to the issuer.