Taiwan – EXC Compliance Guide for Insiders, Re: Shareholding

Taiwan – EXC Compliance Guide for Insiders, Re: Shareholding

On 10 May 2024, TAI EXC issued compliance guide for listed firm directors.

  • TAI EXC published Compliance brochure for directors and supervisors of TWSE/TPEx-listed and emerging market companies, in both Chinese and English versions.

Compliance Brochure

  • Provides a reference of the obligations to be complied with by the directors and supervisors of the relevant TWSE/TPEx-listed/emerging market traded companies.
  • Defines insiders, which include the public firm's directors, supervisors, managers, and shareholders holding over 10% of the total issued shares and their related persons.
  • Specifies insiders' obligations imposed by Securities and exchange act, legal liabilities.
  • Such as ex-ante filing of share transferring/ex-post filing of shareholding movements.
  • Outlines common violations with respect to the filing duties of insiders, and provides a list of the regulations that are relevant to directors and supervisors of companies.