On 21 April 2023, TAI FSC passed the amended securities and exchange act.
- TAI FSC said that Executive Yuan passed third reading of Securities and Exchange Act.
Amendment
- Revise threshold for substantial shareholding disclosure and announcement to 5%.
- Raise the lower limit penalties for violations of relevant regulations by securities firms, securities service enterprises and securities-related institutions to NTD 300,000.
- Also increase the upper limit of the penalties from NTD 4.8mn to NTD 6mn.
