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Article NO. Content

Title:

Taiwan Stock Exchange Corporation Guidelines for Review of Innovation in Application for Listings on Taiwan Innovation Board  CH

Announced Date: 2024.12.16 
Article 5     Innovation review experts shall recuse themselves from review of a case involving in any of the following circumstances:
  1. They or their spouse is employed by the applicant company or an intermediary to perform services on a recurrent basis and receive regular compensations.
  2. They or their spouse is a former employee of the applicant company and their employment was terminated during the past two years.
  3. The company where they or their spouse is working is an affiliate with the applicant company.
  4. They or their spouse is the spouse or relative within the second degree of relationship with the director or manager of the applicant company.
  5. They or their spouse and the applicant company maintain a relationship of joint investment or shared interest.
  6. The company where they or their spouse is working is doing business with the applicant company.
  7. Other direct or indirect interest that would compromise their independence.
    If the event that an innovation review expert recuses him/herself in accordance with the preceding paragraph, the TWSE shall have their replacement in accordance with Article 3.