The Taiwan Monthly

Trading Policies

Enhancing Foreign Investors Registration procedures: Foreign investors are no longer required to personally sign the registration application form

To improve foreign investors registration procedures and enhance Taiwan market accessibility, foreign investors are exempt from the requirement to personally sign the registration application form, starting from October 2.

The TWSE amended partial articles of " Operation Directions for Applications by Overseas Chinese, Foreign Nationals, and Mainland Area Investors for Registration to Invest in Domestic Securities or Trade Domestic Futures," a paperless registration process has been established. Amendments have been made to the registration guidelines as follows:

1.    When investors apply for investment registration, they must provide a power of attorney to their agent or a letter of appointment to the representative. This means that they are aware of the contents of the registration application form, and the agent or representative accepts their authorization and transmits the filled-out registration application information online through the TWSE system.

2.    In summary, the expression of the investor's intention to register according to the content of the application form could not be limited to physical signatures or electronic signatures, etc. The agent (or representative) should request the investors to provide basic information for registration, conduct customer checks based on internal control systems, and retain authorization documents and related proof documents for auditing purposes.

3.    Starting from the date of implementation, relevant registration forms and documents for investor registration will be preserved for future reference by the agent (or representative), and there is no longer required to submit them through official documents to the TWSE.

For further inquiries, please contact Ms. Tsao at 1319@twse.com.tw