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Article 41
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A securities firm wishing to offer security tokens on its trading platform shall complete an "Application by a Securities Firm for an Offering of Security Tokens Issued by the Securities Firm on its Trading Platform" (Attachment 6) and submit the application, with all relevant documentation, including a prospectus, to the TPEx.
A securities firm applying to offer security tokens under the preceding paragraph shall pay the examination fee of NT$300,000 in one lump sum to the TPEx.
The TPEx may agree for the securities firm to disclose on its trading platform the relevant basic information and information related to the fundraising case only after finding that the securities firm meets all of the conditions set out in the subparagraphs of Article 29, and that it furthermore is free of any conditions set out in the subparagraphs of Article 14-1, paragraph 1 of the Regulations Governing Securities Firms.
There may not be any misrepresentation or concealment in any information duly provided to the TPEx, or information disclosed externally, by the securities firm or its directors, supervisors, or managerial officers.
During a fundraising period, the securities firm may not externally make any statement or issue financial or business forecast information.
Offerings of security tokens issued by securities firms themselves under paragraph 1 shall be subject mutatis mutandis to the provisions of Article 25, Article 26, paragraphs 2 and 3, Articles 30 to 33, Articles 35 to 38, and Article 40 regarding types of security tokens, information required to be included in the prospectus, fundraising procedures, upper limits on fundraising, suspension of fundraising, information disclosure, and termination of trading.
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