Articles from May 2009
FCMs Permitted to List on Taiwan Stock Exchange
The Financial Supervisory Commission has released new regulations that will permit Taiwanese Futures Commission Merchants (FCMs) to list on the Taiwan Stock Exchange.
The regulations released yesterday require that an FCM have been listed on Taiwan's OTC market for at least one year and have a net value of NT$2 billion (c. US$60 million).
Other requirements include minimum capital adequacy requirement (a ratio to customer bonds) and the absence of disciplinary action by the regulator or major, uncorrected violations of the FCM's internal controls.
For more information on listing requirements in Taiwan, please contact Shan Lee at +8860-2-2311-2345 ext. 333.
Categorised in Update. Tagged: finance , futures
Watson Wyatt's 2009 Employment Terms and Conditions Published
2009 Employment Terms and Conditions – Asia Pacific, published by Watson Wyatt, is a comprehensive overview of employment- and labor-related laws and regulations for legal or human resources professionals. The Taiwan chapter includes information on the island's new pension system and anti-discrimination laws, plus an updated sample employment contract. Winkler Partners is pleased to present a sample of the Taiwan chapter. The entire report can be purchased from Watson Wyatt Worldwide.
For legal guidance on employment law in Taiwan, please contact Christine Chen.
For help obtaining work permits and resident status for foreigners and PRC nationals, please contact Lloyd Roberts.
