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Important Measures

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Important Measure April 2021

1.  Articles 3 and 6 of the Regulations Governing the Applicable Scope of Special Circumstances for the Public Announcement and Filing of Financial Reports and Operational Status Reports by Public Companies Amended and Issued to Strengthen Supervision of TWSE/TPEx Primary Listed Companies and to Enhance Timeliness of Financial Information Disclosure
To strengthen the supervision of companies primarily listed on the Taiwan Stock Exchange (TWSE) or Taipei Exchange (TPEx), and to promote the timeliness of the disclosure of financial information by TWSE/TPEx listed companies in accordance with the Corporate Governance 3.0 - Sustainable Development Roadmap, the Financial Supervisory Commission (FSC) amended and issued the Regulations Governing the Applicable Scope of Special Circumstances for the Public Announcement and Filing of Financial Reports and Operational Status Reports by Public Companies on 21 April 2021. The amended provisions now require that, starting from 2021, the 2nd quarter financial reports of TWSE/TPEx primary listed companies shall be audited and attested by CPAs (the pre-amendment practices only require CPA review) and be publicly announced and filed within 2 months (extended from the pre-amendment 45 days) after the end of the 2nd quarter. In addition, beginning with the 2023 filing of the 2022 annual financial reports, the annual financial reports of TWSE/TPEx listed companies with paid-in capital of NT$10 billion or more must be publicly announced and filed within 75 days (shortened from the pre-amendment 3 months) after the end of the fiscal year.
Visitor: 539   Update: 2021-06-16
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