Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

Taiwan Stock Exchange Corporation Rules for Administration of Additional Deposits by Securities Firms to the Clearing and Settlement Fund 

Amended Date: 2012.01.11 
Categories: Securities Exchange Market > Clearing and Settlement
Article 7
    If a securities firm fails to make a deposit to the Fund as required by a notice under Article 4 or 6, or makes an insufficient deposit, the TWSE will proceed forthwith to adjust the trading amount that the firm may report on a daily basis pursuant to Article 6 of the TWSE Rules for Administration of the Joint Responsibility System Clearing and Settlement Fund, and the adjusted amount may not exceed five times the amount that it has deposited to the Fund.
    If the securities firm makes the deposit to the Fund after the TWSE has adjusted the trading amount that the firm may report on a daily basis pursuant to the preceding paragraph, the TWSE may restore the trading amount that the firm was permitted to report before the adjustment.

Relevant Laws:

Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw