Taiwan – Major Shareholding Consultation Issued

Taiwan – Major Shareholding Consultation Issued

On 11 January 2022, TAI FSC proposed amendments re shareholding ratio.

  • TAI FSC proposed amendments to securities and exchange act re major shareholding.


  • Lower the threshold for the declaration of substantial shareholding, from 10% to 5%.
  • To allow sufficient time to prepare and respond to amendments of relevant supporting laws and regulations, a transition period of one year has also been proposed.
  • Raise the upper limit of fines for securities firms, securities service firms, and other securities-related firms, that have not fully implemented internal control systems.


  • Major shareholding Consultation paper will be published soon; consultation will last 60 days from then.