Taiwan Financial Services Commission has completed the pre-advice procedure for draft amendments to Articles 31 and 35 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies and plans to promulgate the revised rules in the near future. The changes primarily relax public announcement and reporting requirements for specified non-related-party transactions by public companies with paid-in capital of TWD 50 billion or more. For qualifying large companies, the reporting threshold for acquiring or disposing of equipment for business use in non-related-party transactions will rise from TWD 1 billion to transactions exceeding 5% of paid-in capital. For fixed-income investments, the threshold will rise from TWD 300 million to transactions exceeding 5% of paid-in capital when trading government bonds, general corporate bonds, and general financial bonds that do not involve equity interests (excluding subordinated bonds) on the Stock Exchange or at Taipei Exchange, provided the counterparty is not a related party. The amendments also clarify how to calculate the 5% of paid-in capital threshold and the TWD 50 billion paid-in capital test for companies with no-par-value shares or a par value other than TWD 10 per share. The amended regulations will take effect from the date of promulgation.
Taiwan Financial Services Commission 2025-07-03
Taiwan Financial Services Commission completes pre-advice and will lift disclosure thresholds for TWD 50 billion-plus public companies’ equipment and bond trades
The Taiwan Financial Services Commission has finalized draft amendments to Articles 31 and 35 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies, easing reporting requirements for large companies. The amendments raise the reporting threshold for non-related-party transactions involving equipment and fixed-income investments to exceed 5% of paid-in capital. These changes will be effective upon promulgation.