Standard held by Allooloo Technologies Corp. · Open standard, MIT licence.

SM-ECO-10060 · Taiwan

SM-ECO-10060sm-eco-10060.org/market/tw/

Taiwan · tw-eco-10060

chapter tw.chapter.v11 · supersedes tw.chapter.v10 · as of 2026-10-31 · node tw-cm-kg · https://mcp.tw-cm-kg.ai/book/

7.2 The field element (every catalogue entry below is one of these)

Appendix A · ECO market section

ECO · tw.eco.v4 · supersedes tw.eco.v3 · produced 2026-10-31T02:16:35Z · signed on the node door

The catalogue starts from identifying the duty, obtaining the relevant facts, recognising constraints, supporting an action and preserving evidence. It retains the current page's sourceable information and extends the chapter beyond the page. Each regime is scoped to the instruments, actors and activities its evidence applies to. No tax or settlement value is treated as universal to a market.

jurisdiction_scopeTerritory, regime boundaries and cross-border applicabilitynot found
competent_authoritiesRegulators, competent authorities and allocation of responsibilityFinancial Supervisory Commission (FSC), with its Securities and Futures Bureau; the Securities and Exchange Act is filed under category 'Financial Supervisory Commission' in the Laws & Regulations Database

source https://www.fsc.gov.tw/en/ · dated not found

duty_mapApplicable product-governance and suitability duties by activity and actor
  • duty
    FSC suitability — Financial Consumer Protection Act, Article 9

source https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0380226 · dated not found

regulated_activitiesActivities requiring authorisation and their scopenot found
participant_categoriesIssuer, intermediary, investor and client categories
  • category
    financial consumer
    definition
    parties that receive financial products or services provided by a financial services enterprise
  • category
    financial services enterprise

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

product_categoriesInstrument classes, exclusions and special regimesnot found
issuer_and_listing_scopeDomicile, listing and issuer-status distinctionsnot found
exchanges_and_venuesVenue identities linked to AMP records

source https://www.twse.com.tw/en/ · dated not found

information_storesAuthoritative regulated-information repositoriesMarket Observation Post System (MOPS) - 'the TWSE and TPEx established the Market Observation Post System (MOPS), an information disclosure platform. All public companies (including TWSE/TPEx-listed companies) are required by law to disclose relevant information on MOPS, including material, periodic and non-periodic information.' English site: emops.twse.com.tw

source https://www.twse.com.tw/en/page/about/company/guide.html · dated not found

store_lookupDocumented lookup methods and identifier requirementsMOPS ezSearch (Chinese/English keyword search of listed-company announcements); English MOPS quick search by company at emops.twse.com.tw; 'Material Information Today' list

source https://www.twse.com.tw/en/page/about/company/guide.html · dated not found

periodic_reportingPeriodic duties, deadlines, triggering events and exceptions
  • report
    Annual financial report (Securities and Exchange Act art. 36 para. 1 subpara. 1)
    deadline
    Within three months after the close of each fiscal year, publicly announce and file with the Competent Authority the annual financial report duly signed or sealed by the chairperson, managerial officer, and accounting officer, and audited and attested by a CPA, approved by the board of directors, and recognized by the supervisors.
  • report
    Q1, Q2 and Q3 financial reports (art. 36 para. 1 subpara. 2)
    deadline
    Within 45 days after the end of the first, second, and third quarters of each fiscal year
  • report
    Monthly operating status (art. 36 para. 1 subpara. 3)
    deadline
    Within the first ten days of each calendar month, publicly announce and file with the Competent Authority the operating status for the preceding month.

source https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0400001 · dated not found

ad_hoc_disclosureEvent-driven and inside-information disclosure obligationsSecurities and Exchange Act art. 36: 'Within two days from the date of occurrence of any of the following events, any company referred to in paragraph 1 of this Article shall publicly announce and file with the Competent Authority: ... 2. Any event that has a material impact on shareholders' rights and interests or securities prices.' TWSE guide lists main material information disclosed on MOPS

source https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0400001 · dated not found

filing_formatsRequired formats, validation requirements and document types
  • requirement
    Publicly announce and file means entering the information into the website designated by the FSC for the submission of electronic filings
    applies_to
    insurance enterprises

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2841 · dated 2026.02.05

filing_languagesRequired or accepted languages and translation conditionsTWSE guide: 'In order to provide extra information disclosure in English', TWSE established 'a Chinese and English information disclosure search engine for listed companies under "ezSearch,"' launched April 2022 (MOPS is primarily Chinese, with an English MOPS site); no statement of a mandatory filing language found

source https://www.twse.com.tw/en/page/about/company/guide.html · dated not found

prospectus_regimeOffering and admission requirements, exemptions and thresholdsnot found
product_disclosuresProduct documents and pre-contract information duties
  • duty
    Before entering into a contract, fully explain the important aspects of the financial products or services and of the contract, and fully disclose the associated risks
    source_law
    Financial Consumer Protection Act, Article 10

source https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598 · dated 2014.06.04

takeover_regimeOffer rules, control triggers and shareholder treatmentnot found
short_sellingRestrictions, disclosure, locate or borrowing requirements, emergency measuresnot found
market_abuseInsider dealing, manipulation and related disclosure regimesnot found
trading_controlsMarket-wide trading constraints and intervention powersnot found
market_calendarAuthoritative calendars and exceptional closuresTWSE Holiday Schedule of 2026: 01-01 New Year; 02-12 and 02-13 'No Trading. Market opens only for Clearing & Settlement'; 02-15 to 02-19 Chinese New Year; 02-20 and 02-27 Adjusted Holiday; 02-28 Peace Memorial Day; 04-03 Adjusted Holiday; 04-04 Children's Day; 04-05 Tomb-sweeping Day; 04-06 Adjusted Holiday; 05-01 Labor Day; 06-19 Dragon Boat Festival; 09-25 Mid-autumn / Moon Festival; 09-28 Teacher's Day; 10-09 Adjusted Holiday; 10-10 National Day; 10-25 Taiwan Restoration Day; 10-26 Adjusted Holiday; 12-25 Constitution Day. Regular trading 9:00-13:30 (TWSE guide)

source https://www.twse.com.tw/en/trading/holiday.html · dated not found

halts_sourcesOfficial halt and suspension sources with scopeTWSE 'Trading Halt of Securities' page

source https://www.twse.com.tw/en/trading/historical/twtawu.html · dated not found

identifiersSecurity and entity identifier conventions and validation sourcesnot found
isin_prefixISIN prefix information and its limits as a jurisdiction indicatorTW - national numbering agency Taiwan Stock Exchange Corporation (TWSE), ANNA status Member; TWSE publishes the 'List of ISIN Code for Listed Equities' (e.g. 1101 TCC TW0001101004)

source https://anna-web.org/anna-members/ · dated not found

lei_requirementsLegal Entity Identifier requirements and authoritative lookup referencesGLEIF API: no LOU based in Taiwan on GLEIF's list of 41 LOUs; 10 LOUs accredited for jurisdiction TW (London Stock Exchange, JPX/TSE, Bundesanzeiger Verlag, WM Datenservice, GS1, EQS, RapidLEI, Bloomberg, Beijing National Institute of Financial Standardization, GMEI Utility); 1,096 LEIs with legal jurisdiction TW and status ISSUED on 2026-10-24

source https://api.gleif.org/api/v1/lei-issuers · dated not found

settlementSettlement cycles by instrument and venue, exceptions and transition dates
  • instrument
    securities traded on TWSE
    venue
    TWSE
    cycle
    T+2
    method
    same-day clearing method and multilateral net settlement

source https://wwwc.twse.com.tw/en/about/company/service.html · dated 2025/9

clearing_and_custodyClearing, depository, custody and asset-protection frameworks
  • role
    Central Securities Depository
    entity
    Taiwan Depository and Clearing Corporation (TDCC)
    function
    Settlement of securities in the form of book-entry, entrusted by the TWSE
  • role
    Central Counter Party (CCP)
    entity
    TWSE
    function
    acts as a clearinghouse for all the trades executed in the market and gives settlement guarantees
  • role
    NTD funds settlement
    entity
    CBC Interbank Funds Transfer System (CIFS) of the Central Bank
  • role
    foreign currency settlement
    entity
    Cathay United Commercial Bank

source https://wwwc.twse.com.tw/en/about/company/service.html · dated 2025/9

corporate_actionsRights, elections, notices and procedural deadlinesnot found
retail_accessRetail distribution limits, access restrictions and safeguards
  • safeguard
    suitability
    rule
    financial services enterprise shall fully understand the information pertaining to the financial consumer in order to ascertain the suitability of those products or services
    source
    Financial Consumer Protection Act, Article 9

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

cross_border_accessForeign participation and cross-border offering or service restrictions
  • topic
    secondary listing by foreign listed companies
    rule
    Applications for a secondary listing filed by foreign listed companies are submitted and reviewed by the managerial department; after the listing contract is entered into, it is filed with the FSC

source https://wwwc.twse.com.tw/en/about/company/service.html · dated 2025/9

tax_at_sourceWithholding regimes by income, instrument and recipient category; relief conditionsnot found
fees_and_leviesTransaction taxes, statutory levies and relevant charges
  • charge
    Annual fees and dispute handling service fees charged by the ombudsman body to financial services enterprises
    payer
    financial services enterprises
    basis
    Financial Consumer Protection Act Article 13
    schedule
    Schedules for the annual fees and service fees ... shall be prescribed by the competent authority

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

recordkeepingRetention, evidence, format and reconstruction requirements
  • requirement
    Explanations and disclosures for complex, high-risk products should be recorded or filmed, unless it is an automatic channel transaction or the consumer does not agree
    basis
    FCPA Article 10

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

effective_changesEnacted, proposed and transitional changes, kept distinguishable
  • instrument
    Financial Consumer Protection Act
    change
    Amended
    date
    2023.12.06
    status
    enacted

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

additional_duty_fieldsFurther sourceable duty-relevant fields, introduced through a versioned catalogue extensionnot found

Appendix B · ACM register section

ACM · tw.acm.v3 · supersedes tw.acm.v2 · produced 2026-10-31T01:51:15Z · signed on the node door

The register revision is incorporated by reference to ACM-68000 (Agent Clearance Manifest) canonical text v1.0 §8.1 and is not redrawn here. These are chapter attachment fields connecting the chapter to that register; they never redefine rule_version, signal meanings or revision internals.

register_revision_refExact immutable revision governed by ACM-68000 §8.1
rule_version
acm-68000/tw/fsc-suitability-financial-consumer-protection-act-article-9/r1
path
register/tw/acm-68000-tw-fsc-suitability-financial-consumer-protection-a.json
content_hash
sha256:b62196b638a700bdc1ee98821bc2c8b703d6e9f2d54a8b6d05b22750f3c7f357

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

register_schema_refAuthoritative register-revision schema and its versionACM-68000 canonical text v1.0 §8.1 — a register revision

source https://acm-68000.org/ · dated 2026-10-30

chapter_evidence_refImmutable chapter version and section from which the revision was produced
chapter
tw.chapter.v4
chapter_sha256
sha256:76b977dc733dceda54d4e56bb320e6cc0ca6043efd380b961c8c18b97497174b
sections
  • family
    ECO
    version
    tw.eco.v3
    field
    duty_map
    sha256
    sha256:b1f5dfa6bccd008da5e40e4519a54182d3765cd012243a68b0398dbc538deb23
  • family
    ACM
    version
    tw.acm.v2
    sha256
    sha256:233e6b417825a3f157e9d31f98bbbb0e336bbb02d3a466cc715f3607d278391e

source https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0380226 · dated 2026-10-31

rule_applicabilityMarket-specific applicability evidence for the referenced revision
  • field
    actor_classes
    value
    • financial services enterprise
    • banking enterprises
    • securities enterprises
    • futures enterprises
    • insurance enterprises
    • electronic payment enterprises
    • enterprises in other financial services as may be publicly announced by the competent authority
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604
    source_date
    2023.12.06
  • field
    client_classes
    value
    • financial consumer
    • excluded: qualified institutional investors
    • excluded: natural persons or juristic persons with a prescribed level of financial capacity or professional expertise
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604
    source_date
    2023.12.06

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

shared_revision_refShared-family revisions produced by the apex, where applicablenot found
national_overlay_refSeparately versioned national additions or exceptionsnot found
revision_change_evidenceSources supporting selection or succession of the referenced revision

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

Appendix C · AIO orderability section

standard AIO-10060 · AI Orderability

AIO · tw.aio.v4 · supersedes tw.aio.v3 · produced 2026-10-31T20:09:35Z · signed on the node door

The chapter describes the source-backed determination framework. A product-specific orderability result requires the product record, the client category, the relevant evidence and the applicable rule revision; this section never manufactures that result from market membership alone. It adds no field to the deployed receipt.

duty_revision_refApplicable immutable ACM rule revisionnot found
product_scopeProducts and instrument categories covered by the target-market regime

source https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868 · dated 2026.03.26

target_marketPositive target-market criteria and their applicabilitynot found
negative_target_marketExplicit exclusions or incompatible client characteristics

source https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670 · dated 2014.01.29

distribution_conditionsPermitted distribution methods and constraints

source https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598 · dated 2014.06.04

required_assessmentsSuitability, appropriateness or other assessment requirements and triggers
  • assessment
    ascertain the suitability of those products or services to the financial consumer
    trigger
    Before a financial services enterprise enters into a contract with a financial consumer for the provision of financial products or services
    party
    financial services enterprise
    rule
    Financial Consumer Protection Act, Article 9, paragraph 1
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598
    source_date
    2014.06.04
    read_at
    2026-10-31T20:08:06Z
  • assessment
    carefully consider the borrower, the intended use of the funds, the source of repayment, the security for its claim, the perspective risks and benefits of the loan
    trigger
    engages in lending business
    party
    financial services enterprise
    rule
    Financial Consumer Protection Act, Article 10, paragraph 2
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598
    source_date
    2014.06.04
    read_at
    2026-10-31T20:08:06Z
  • assessment
    Customer acceptance standards and Know Your Customer (KYC) procedures
    trigger
    When conducting business provided in Point 1 herein
    party
    OBU
    rule
    Jin-Guan-Yin-Wai-Zi-10300017351, point 4(1)
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670
    source_date
    2014.01.29
    read_at
    2026-10-31T20:08:06Z
  • assessment
    Review mechanism for product launch
    trigger
    When conducting business provided in Point 1 herein
    party
    OBU
    rule
    Jin-Guan-Yin-Wai-Zi-10300017351, point 4(4)
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670
    source_date
    2014.01.29
    read_at
    2026-10-31T20:08:06Z

source https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598 · dated 2014.06.04

product_documentationRequired product, risk and target-market documents

source https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868 · dated 2026.03.26

manufacturer_distributor_rolesResponsibilities and information exchange between actors
  • actor
    financial services enterprise
    role
    fully understand the information pertaining to the financial consumer in order to ascertain the suitability
    rule
    Financial Consumer Protection Act, Article 9
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604
    source_date
    2023.12.06
    read_at
    2026-10-31T18:43:57Z
  • actor
    financial services enterprise
    role
    fully explain the important aspects of the financial products or services and fully disclose the associated risks
    rule
    Financial Consumer Protection Act, Article 10
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598
    source_date
    2014.06.04
    read_at
    2026-10-31T18:42:50Z
  • actor
    Board of Directors or the Executive Board of Directors
    role
    initial sale of complex, high-risk products reported to and approved by
    rule
    Financial Consumer Protection Act, Article 11-2, paragraph 1
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604
    source_date
    2023.12.06
    read_at
    2026-10-31T18:43:57Z
  • actor
    responsible persons in Taiwan
    role
    agreement required for complex, high-risk products and remuneration system of branch units of foreign financial services enterprises
    rule
    Financial Consumer Protection Act, Article 11-2, paragraph 3
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604
    source_date
    2023.12.06
    read_at
    2026-10-31T18:43:57Z
  • actor
    foreign issuer
    role
    Sponsor issuance: assists in administering the issuance of TDRs and provides financial information in accordance with contractual stipulations
    rule
    Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 3, subparagraph 9
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868
    source_date
    2026.03.26
    read_at
    2026-10-31T18:42:50Z
  • actor
    Depositary institution
    role
    approved by the competent authority to engage in business relating to Taiwan depositary receipts
    rule
    Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 3, subparagraph 6
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868
    source_date
    2026.03.26
    read_at
    2026-10-31T18:42:50Z
  • actor
    Custodian institution
    role
    maintains custody of the underlying securities represented by Taiwan depositary receipts
    rule
    Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 3, subparagraph 7
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868
    source_date
    2026.03.26
    read_at
    2026-10-31T18:42:50Z

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

review_triggersRequired review events and periodic review conditions
  • event
    any change in the particulars subsequent to effective registration
    period_or_condition
    promptly
    rule
    Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 4, paragraph 4
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868
    source_date
    2026.03.26
    read_at
    2026-10-31T18:42:50Z
  • event
    engage a securities underwriter to assist in complying with ROC securities laws and regulations
    period_or_condition
    in the accounting year when the offering is completed and in the subsequent 3 accounting years
    party
    primary exchange (or OTC) listed company
    rule
    Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 6, paragraph 3
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868
    source_date
    2026.03.26
    read_at
    2026-10-31T18:42:50Z
  • event
    initial sale of complex, high-risk products
    period_or_condition
    reported to and approved by the Board of Directors or the Executive Board of Directors
    party
    financial services enterprises
    rule
    Financial Consumer Protection Act, Article 11-2, paragraph 1
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604
    source_date
    2023.12.06
    read_at
    2026-10-31T18:43:57Z

source https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868 · dated 2026.03.26

exceptionsSource-backed exceptions with conditions and boundaries
  • exception
    Qualified institutional investors
    condition
    not included in the term financial consumer
    provision
    Financial Consumer Protection Act, Article 4, paragraph 1, subparagraph 1
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598
    source_date
    2014.06.04
    read_at
    2026-10-31T18:42:50Z
  • exception
    Natural persons or juristic persons with a prescribed level of financial capacity or professional expertise
    condition
    not included in the term financial consumer
    provision
    Financial Consumer Protection Act, Article 4, paragraph 1, subparagraph 2
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598
    source_date
    2014.06.04
    read_at
    2026-10-31T18:42:50Z
  • exception
    information issued pursuant to statutes or regulations
    condition
    from receipt of filing documents until effective registration, no financial or business forecast information may be issued
    provision
    Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 4, paragraph 3
    source_url
    https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868
    source_date
    2026.03.26
    read_at
    2026-10-31T18:42:50Z

source https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598 · dated 2014.06.04

orderability_profile_refSchema for the product, market and client-class outcome produced under these rulesnot found
sourcesSupporting documents and provenance not attached to a specific field

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604 · dated 2023.12.06

Appendix D · AMP venue section

standard AMP-10060 · Agentic Market Protocol

AMP · tw.amp.v2 · supersedes tw.amp.v1 · produced 2026-10-31T02:48:51Z · signed on the node door

Each venue record is keyed by its evidenced Market Identifier Code (MIC). Where an activity has no applicable code, the gap is preserved with a separately typed reference; no code is invented. This section supplies reference information only; it establishes no entitlement, permission to route or order placement. A later permission profile requires its own actor, instrument, action and endpoint evidence.

venue_mic · XTAI

source https://www.iso20022.org/sites/default/files/ISO10383_MIC/ISO10383_MIC.csv · dated 20050627

venue_identityVenue name, operator and authoritative identity evidence
venue_name
centralized securities exchange market established by the TWSE ("Exchange")
operator
Taiwan Stock Exchange Corporation (TWSE)
identity_evidence
Operating Rules prescribed in accordance with Article 138 of the Securities and Exchange Act and Article 36 of the Articles of Incorporation of the Taiwan Stock Exchange Corporation (TWSE)

source https://twse-regulation.twse.com.tw/ENG/EN/law/DAT06.aspx?FLCODE=fl007304&FLDATE=20220921&LSER=001 · dated 2025.10.20

venue_scopeOperating or segment scope, products and jurisdiction bindings
scope
providing a centralized securities exchange market; with the approval of the Competent Authority, may operate other business
jurisdiction_binding
Article 98 of the Securities and Exchange Act

source https://twse-regulation.twse.com.tw/ENG/EN/law/DAT06.aspx?FLCODE=fl007304&FLDATE=20220921&LSER=001 · dated 2025.10.20

haltsOfficial halt information and applicability scope
  • type
    halting of trading
    trigger
    abnormal events occur during market trading
    authority
    TWSE may announce
    effect
    Trades executed prior to the announcement shall remain valid
    applicability
    the Exchange

source https://twse-regulation.twse.com.tw/ENG/EN/law/DAT06.aspx?FLCODE=fl007304&FLDATE=20220921&LSER=001 · dated 2025.10.20

calendarSessions, holidays and exceptional closures
  • item
    trading hours
    value
    from 9:00 a.m. to 1:30 p.m.
    note
    unless otherwise provided

source https://twse-regulation.twse.com.tw/ENG/EN/law/DAT06.aspx?FLCODE=fl007304&FLDATE=20220921&LSER=001 · dated 2025.10.20

clearing_houseClearing relationships by instrument and servicenot found
participant_rolesDefined participant categories and responsibilities
  • category
    securities brokers
    condition
    executed a market usage contract
  • category
    securities dealers
    condition
    executed a market usage contract

source https://twse-regulation.twse.com.tw/ENG/EN/law/DAT06.aspx?FLCODE=fl007304&FLDATE=20220921&LSER=001 · dated 2025.10.20

market_maker_obligationsSource-backed obligations and exemptions for market makersnot found
gatesDocumented entry, membership and access prerequisites
  • gate
    Market usage contract
    text
    Participation in the Exchange to transact in securities shall be limited to securities brokers and securities dealers (collectively "securities firms") that has executed a contract for the usage of the centralized securities exchange market ("market usage contract").
  • gate
    Contract signed and returned and settlement and clearing fund paid before trading
    text
    A securities firm shall wait until the TWSE signs and returns the market usage contract, and paid the settlement and clearing fund before it may trade in the Exchange.

source https://twse-regulation.twse.com.tw/m/en/LawContent.aspx?FID=FL007304 · dated 2025.10.20

settlement_linksRelated market or venue settlement records
  • Taiwan Stock Exchange Corporation Rules for Administration of the Clearing and Settlement Fund of Securities Firms

source https://twse-regulation.twse.com.tw/ENG/EN/law/DOC01.aspx?FLCODE=FL007125&FLNO=1 · dated 2004.08.03

change_noticesVersioned rules changes and operational notices
  • date
    2026.08.03
    change
    Amended
    title
    Taiwan Stock Exchange Corporation Directions for Announcement or Notice of Attention to Trading Information and Dispositions
  • date
    2026.08.03
    change
    Amended
    title
    Numerical Standards for and Exceptions to the Irregularity Standards in Article 4 of the Taiwan Stock Exchange Corporation's Directions for Announcement or Notice of Attention to Trading Information and Related Dispositions
  • date
    2026.06.24
    change
    Amended
    title
    Regulations Governing the Offering and Issuance of Securities by Securities Issuers
  • date
    2026.06.24
    change
    Amended
    title
    Regulations Governing the Offering and Issuance of Securities by Foreign Issuers

source https://twse-regulation.twse.com.tw/ENG/EN/Default.aspx · dated 2026.10.30

sourcesAdditional source-backed venue evidence
  • field
    settlement_cycle
    value
    Securities deliverable to the TWSE shall be delivered by 10 a.m. of the second business day following the trade date.

source https://twse-regulation.twse.com.tw/EN/law/DOC01_word.aspx?FLCODE=FL007304&FLNO=104 · dated 2025.10.20

venue_mic · ROCO

source https://www.iso20022.org/sites/default/files/ISO10383_MIC/ISO10383_MIC.csv · dated 20150427

venue_identityVenue name, operator and authoritative identity evidence
name
Taipei Exchange
abbreviation
TPEx
established
November 1, 1994
legal_nature
non-profit institution
legal_basis
Regulations Governing Securities Trading on the Taipei Exchange

source https://www.sec.gov/divisions/corpfin/cf-noaction/2019/taipei-exchange-main-board-and-taipei-exchange-bond-market-reg-s-090319-incoming.pdf · dated August 29, 2019

venue_scopeOperating or segment scope, products and jurisdiction bindings
products
  • stocks
  • bonds
  • warrants
  • Taiwan Depository Receipts (TDRs)
  • exchange traded funds (ETFs)
  • interest rate and bond derivatives
jurisdiction
Taiwan

source https://www.sec.gov/divisions/corpfin/cf-noaction/2019/taipei-exchange-main-board-and-taipei-exchange-bond-market-reg-s-090319-incoming.pdf · dated August 29, 2019

haltsOfficial halt information and applicability scopenot found
calendarSessions, holidays and exceptional closures
  • session
    negotiated OTC trading of foreign bonds (proprietary trading by securities firms)
    hours
    9 a.m. to 3 p.m.

source https://twse-regulation.twse.com.tw/ENG/EN/law/DAT0201.aspx?FLCODE=FL045850 · dated 2022.06.08

clearing_houseClearing relationships by instrument and servicenot found
participant_rolesDefined participant categories and responsibilities
  • role
    SFB-licensed securities firms
    responsibility
    All trading orders on the TPEx Main Board are placed through them; exclusive electronic access to the trading system

source https://www.sec.gov/divisions/corpfin/cf-noaction/2019/taipei-exchange-main-board-and-taipei-exchange-bond-market-reg-s-090319-incoming.pdf · dated August 29, 2019

market_maker_obligationsSource-backed obligations and exemptions for market makersnot found
gatesDocumented entry, membership and access prerequisites
  • gate
    Trading access via SFB-licensed securities firms
    description
    All trading orders on the TPEx Main Board are placed through SFB-licensed securities firms that have exclusive electronic access to this system.

source https://www.sec.gov/files/divisions/corpfin/cf-noaction/2019/taipei-exchange-main-board-and-taipei-exchange-bond-market-reg-s-090319-incoming.pdf · dated August 29, 2019

reference_endpointsPublic reference locations with purpose and source
  • name
    Market Observation Post System (MOPS)
    url
    http://emops.twse.com.tw/server-java/t58query
    purpose
    public disclosure by listed companies of information that may significantly affect shareholders' interests or securities prices
    source
    Davis Polk letter to SEC on behalf of TPEx

source https://www.sec.gov/files/divisions/corpfin/cf-noaction/2019/taipei-exchange-main-board-and-taipei-exchange-bond-market-reg-s-090319-incoming.pdf · dated August 29, 2019

settlement_linksRelated market or venue settlement records
  • Taipei Exchange Directions Governing Clearing and Settlement Operations for Securities Traded on the TPEx

source https://www.tpex.org.tw/en-us/bond/service/law.html · dated 2026-03-26

change_noticesVersioned rules changes and operational noticesnot found
sourcesAdditional source-backed venue evidencenot found

Appendix E · ESG disclosure section

standard ESG-10060 · Sustainability Disclosure

ESG · tw.esg.v2 · supersedes tw.esg.v1 · produced 2026-10-31T03:01:18Z · signed on the node door

Sustainability disclosure remains a specialised ECO record with its rules in ACM. A jurisdiction's adoption of a framework is distinct from the framework's application to a particular issuer or period; the schema preserves that distinction and never turns disclosure availability into a sustainability rating.

regimeNamed sustainability-disclosure regime and its scope
name
Order of the Financial Supervisory Commission (FSC), Issue number: Financial-Supervisory-Securities-SITC-1100365536
scope
When a master agent offers and sells environmental, social, and corporate governance (ESG) themed offshore funds, the investor information summary shall specify the required sustainability information
legal_basis
Article 12, paragraph 6, subparagraph 9 and Article 39, paragraph 2, subparagraph 14 of the Regulations Governing Offshore Funds

source https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2421&KW=esg · dated 11 January 2022

climate_requirementsSource-backed climate disclosure requirements and scope
  • requirement
    Appendix 2 – Climate Related Information of TWSE Listed Companies
    basis
    TCFD framework
    scope
    TWSE listed companies
    content
    disclose in the Sustainability Report climate change related monitoring and governance as well as risks and strategies, and provide specific data and targets accordingly

source https://www.twse.com.tw/market_insights/en/preview/8a8216d696b406fc0196f69a048b0154 · dated 2025/05/26

assuranceRequired assurance, qualifications and transition conditions
  • requirement
    phased completion of greenhouse gas inventories by 2027 and greenhouse gas inventory assurance by 2029
    scope
    all TWSE/TPEx listed companies
    instrument
    Sustainable Development Roadmap for TWSE/TPEx Listed Companies (FSC, March 3, 2022)

source https://www.twse.com.tw/market_insights/en/preview/8a8216d696b406fc0196f69a048b0154 · dated 2025/05/26

filing_store_and_formatAuthoritative destination and required filing format
  • destination
    Sustainability Report Area under the “Enterprise ESG” section of the Market Observation Post System
    filing
    file a declaration and disclose the report
    scope
    all TWSE/TPEx listed companies
    from
    2025

source https://www.twse.com.tw/market_insights/en/preview/8a8216d696b406fc0196f69a048b0154 · dated 2025/05/26

interoperabilityRecognised equivalence, mapping or substituted-compliance provisionsnot found
rule_revision_refApplicable immutable ACM disclosure-rule revisionsnot found
sourcesSupporting regime and disclosure evidence
  • instrument
    Roadmap for Adoption of the IFRS Sustainability Disclosure Standards
    issuer
    Financial Supervisory Commission
    released
    2023
    application
    Starting from the 2026 fiscal year, listed companies in Taiwan will adopt the Standards in three phases based on paid-in capital

source https://www.twse.com.tw/market_insights/en/detail/8a8216d69e6379f4019e675809f40027 · dated 2026/05/29