Regulatory Alerts2026-07-02
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FSC Amends "Regulations Governing the Use of Proxies for Shareholder Meetings of Public Companies," Mandating Electronic Upload of Solicitation Materials by Solicitors
The Financial Supervisory Commission (FSC) has drafted amendments to the "Regulations Governing the Use of Proxies for Shareholder Meetings of Public Companies" to enhance the convenience and digitalization of proxy solicitation operations. These amendments mandate that solicitors electronically upload solicitation materials to the Taiwan Depository & Clearing Corporation (TDCC) information reporting website, replacing paper submissions, and require companies to disclose compiled solicitor information and statistical share data electronically. The changes, which also adjust the scope of the Electronic Signatures Act, are scheduled to take effect on March 1, 2027, following a public comment period.
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