• Font Size:
  • S
  • M
  • L

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 37     An issuer shall input the following information by the required deadline into the information disclosure section designated by the securities firm:
  1. Basic information of the issuer: including information such as an overview of the company and the basic data of the directors, supervisors, and management team, shall be input before trading begins. In the event of any subsequent change, the updated information shall be input within 5 days from the date that the change is learned of.
  2. Annual financial report: the annual financial report audited and attested by a CPA shall be input within 4 months after the end of each fiscal year
  3. Information on any decision by the issuer to distributed dividends, interest, or other benefits: shall be input on the next business day following the resolution by the board of directors.
  4. Information on fundraising by an offering of security tokens:
    1. Fundraising plan items and progress: shall be input within 10 days from the end of the fundraising period. Any changes in related information shall be input within 5 days from the date of the change.
    2. Quarterly statement on utilization of the funds raised: shall be input within 20 days after the end of each quarter.
  5. Information on buybacks of security tokens:
    1. Buyback information: before the beginning of trading hours on the next business day following the resolution by the board of directors, information shall be input including the name of the security token to be bought back, ceiling on the total monetary amount of the buyback, intended buyback period and quantity, and buyback price range.
    2. Execution status: on the next business day after expiration of the buyback period or completion of execution of the buyback, input the execution status.
  6. Maturity of debt tokens: input the date for termination of trading at least 10 days before the date that issued debt tokens will reach maturity.
    With respect to the circumstance in subparagraph 6 of the preceding paragraph, the securities firm shall use a conspicuous means to disclose the date for termination of trading of the debt tokens that are approaching maturity.
    There may not be any misrepresentation, concealment, or information sufficient to mislead others in the content of any information reported pursuant to any subparagraph of paragraph 1.