Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

Regulations Governing the Appointment and Exercise of Powers by the Remuneration Committee of a Company Whose Stock is Listed on the Taiwan Stock Exchange or the Taipei Exchange 

Amended Date: 2020.01.15 
Article 5
    A remuneration committee member shall meet one of the following professional qualification requirements, together with at least 5 years work experience:
  1. An instructor or higher in a department of commerce, law, finance, accounting, or other academic department related to the business needs of the company in a public or private junior college, college, or university;
  2. A judge, public prosecutor, attorney, certified public accountant, or other professional or technical specialist who has passed a national examination and been awarded a certificate in a profession necessary for the business of the company.
  3. Have work experience in the area of commerce, law, finance, or accounting, or otherwise necessary for the business of the company.
    A person to whom any of the following circumstances applies may not serve as a remuneration committee member; if already serving in such capacity, the person shall be dismissed:
  1. Any of the circumstances in the subparagraphs of Article 30 of the Company Act.
  2. Any violation of the remuneration committee member qualification requirements set out in these Regulations.

Relevant Laws:

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