New requirement for trading in Taiwan Market Securities effective from 1 February 2017
Please be informed that a new requirement for trading Taiwan Market Securities will be implemented by 1 February 2017.
As an offshore foreign institutional investor (FINI),our company has to comply with Taiwan’s “Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals” with an aim to prevent funds from Taiwan or the People’s Republic of China (PRC) being used for trading or investing in Taiwan Market securities.
Effective from 1 February 2017, all clients are required to provide the "Declaration Form for Trading of Taiwan Market Securities" to prove that their source of fund is not coming from Taiwan or PRC. If the client did not provide the Declaration form, then we will reject the the client's purchase orders, sell orders however will not be affected.
The Declaration Form is available to download from our website under Help - Forms.
Please complete and submit the form to our Client Services Department for registration before placing purchase order.
Should you have any queries, please do not hesitate to contact your handling salespersons or our Client Services Department.