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Important Measures

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Important Measure August 2024

2024-10-18


1.    Securities Firms Allowed to Lend Money for Subscriptions to New Shares
The Financial Supervisory Commission (FSC) has issued a partial amendment to the Regulations Governing Borrowing or Lending Money in Connection with Securities Business by Securities Firms through Order No. 1130384044 on 19 August 2024. Under the amendment, when an issuer issues new shares for cash following its initial listing on the TWSE or TPEx, a securities firm may accept financing applications from employees or existing shareholders of the issuer who wish to take loans from the securities firm for the purpose of subscribing to the newly issued shares, using the subscribed shares as collateral.

 
Visitor: 1402   Update: 2024-11-28
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