Regulations Governing the Offering and Issuance of Securities by Foreign Issuers Article 10
After a foreign issuer has obtained an effective registration for the domestic offering and issuance of securities, it shall act in accordance with the following provisions:1. Except in cases of issuance of new shares or sponsored issuance of TDRs in connection with a merger, acquisition of shares of another company, or acquisition or demerger, issuance of straight corporate bonds, issuance of employee stock warrants, issuance of new restricted employee shares, or sponsored issuance of TDRs for purposes of conversion of convertible corporate bonds or corporate bonds with warrants or performance of warrant obligations, the foreign issuer must retain a financial institution to collect proceeds on its behalf and deposit those proceeds in the segregated account that it has opened. Before beginning to collect proceeds, it shall enter into a payment collection agreement and a payment deposit agreement with the bank that collects proceeds on its behalf and deposits them in the segregated account. Within 2 days from the date on which it enters into those agreements, it shall input the relevant information such as the name of that contracted bank and the date on which the contract was signed into the FSC-designated information reporting website. The collection and deposit in the segregated account of proceeds by that bank may not be handled by the same business unit of that bank. The foreign issuer may draw on those proceeds only after they are collected in full, and must input the data regarding the collection of proceeds in full into the FSC-designated information reporting website within 2 days after the date on which those proceeds are collected in full.2. The foreign issuer shall, within 10 days after the end of each quarter, post the funds utilization plan and the quarterly report on the status of funds utilization to the information reporting website specified by the FSC. However, this provision does not apply to a secondary exchange (or OTC) listed company that sponsors an issue of TDRs using shares that have been issued and are held by the shareholders.3. In the case of a primary exchange (or OTC) listed company that conducts a cash capital increase or corporate bond issue, or a secondary exchange (or OTC) listed company that conducts a cash capital increase or sponsors an issue of TDRs, it shall on a quarterly basis contact the original lead underwriter or the attesting CPA to issue an evaluation opinion on the reasonableness of the progress made in utilization of the funds and the handling of unused funds and on whether any change to the plan is involved, and shall input this information together with the information referred to in the preceding subparagraph to the information reporting website specified by the FSC.4. If there is any change in the items of the fund utilization plan or any adjustment to amounts of individual items, such that the aggregate amount of any decreases in, or the aggregate amount of any increases in, the amount of funds originally required for the individual items reaches 20 percent or more of the total amount of funds to be raised, the issuer shall make the amendment to the plan and, within 2 days from the day the amendment is passed by a resolution of the board of directors shall input amendment-related information to the information disclosure website specified by the FSC and, after reporting to the Central Bank and obtaining its approval, shall submit the amendment to a shareholders' meeting for ratification. The issuer also shall, at the time of the change and subsequently within 10 days after the end of each quarter, contact the original lead underwriter to issue an evaluation opinion on the reasonableness of the progress made in utilization of the funds and of the purposes for unused funds and shall input this information together with the information referred to in paragraph 2, subparagraph 2 to the information disclosure website specified by the FSC. However, this provision does not apply to a secondary exchange (or OTC) listed company that sponsors an issue of TDRs using shares that have been issued shares and are held by the shareholders.5. In the case of a primary exchange (or OTC) company that issues new shares in connection with a merger, acquisition of shares of another company, or acquisition or demerger, it shall, within 10 days after the end of each quarter during the first year after completion and registration of the case, contact the original lead underwriter to issue an evaluation opinion on any effect of that matter on the finances, business, or shareholders' equity of the foreign issuer, and shall enter the opinion to the information disclosure website specified by the FSC.6. In the case of a primary exchange (or OTC) company or emerging stock company that conducts a cash capital increase or issue of corporate bonds, before the utilization plan of the cash capital increase or corporate bond issue is accomplished, the company shall disclose the progress of the plan in its annual report. In the case of a corporate bond issue, within 2 days after the raising of capital has been completed and by the 10th day of each month during the issuance period of the corporate bonds, information relating to the issuance of the corporate bonds shall be input into the information disclosure website specified by the FSC.7. When there occurs any material event requiring immediate announcement under the government laws and regulations of the country of registration or the country of listing and the rules of the listing securities exchange, the information shall simultaneously be input to the information disclosure website specified by the FSC. This also applies for any event voluntarily announced by the foreign issuer.8. For straight corporate bonds denominated in New Taiwan Dollars, the funds raised shall be retained in New Taiwan Dollars, and used in substantive investment in Taiwan, or for other purposes limited solely to the scope approved by the Central Bank. For straight corporate bonds denominated in foreign currency, the funds raised shall be retained as foreign currency, and may not be converted into New Taiwan Dollars for use.The funds raised in accordance with the provisions of subparagraph 1 of the preceding paragraph shall be remitted by the lead securities underwriter in accordance with the applicable provisions of the Statute for Regulation of Foreign Exchange.A primary exchange (or OTC) listed company or emerging stock company offering and issuing overseas securities, after obtaining effective registration, shall be required mutatis mutandis to do the matters set out in paragraph 1, subparagraphs 2 to 7, and additionally, within 10 days after issuance, upload the prospectus prepared in accordance with the securities laws and regulations of the country where the offering took place to the information disclosure website specified by the FSC. However, this uploading need not be done in the case of issuance of overseas depositary receipts that are for purposes of overseas corporate bond conversion or exercise.When a primary exchange (or OTC) listed company or emerging stock company offers and issues overseas securities, if any specific persons or strategic investors subscribe to the securities, the company shall disclose the subscription list as well as individual subscription prices and quantities in the prospectus and shall input them to the information disclosure website specified by the FSC. If it receives a written inquiry from the competent authority for securities of the country in which the securities are listed, it shall report to the FSC within 2 days from the date on which it receives the inquiry and at the same time that it provides the information requested by the inquiry.A foreign issuer that domestically issues stock, certificates of payment for shares, bonds, or TDRs issued by a depositary institution shall deliver them by book-entry transfer, and shall not print physical certificates of the securities. However, a foreign issuer that is required to issue the securities in certificated form under the laws or regulations of its country of registration shall have the foreign custodian institution enter into a depository agreement with the central securities depository and confirm the issuance volume before it may issue the securities domestically.If securities are delivered by book-entry transfer, the issuance, transfer, or cancellation shall be handled in accordance with the relevant rules of the central securities depository.Within 30 days from the date it receives permission for the issuance of new shares from the competent securities registration authority of the country of its registration, a foreign issuer shall deliver the securities to subscribers, and prior to delivery it shall make a public announcement through the information disclosure website specified by the FSC.
中文原文 外國發行人募集與發行有價證券處理準則第10條
外國發行人於國內募集與發行有價證券，經申報生效後，應依照下列規定辦理：
一、除辦理合併、受讓他公司股份、收購或分割而發行新股或參與發行臺灣存託憑證、發行普通公司債、發行員工認股權憑證、發行限制員工權利新股或參與發行臺灣存託憑證供轉換公司債、附認股權公司債轉換或履行認股義務者外，須委託金融機構代收價款，存儲於所開立之專戶，並應於價款開始收取前，與代收及專戶存儲價款行庫分別訂定委託代收價款合約書及委託存儲價款合約書，且於訂約之日起二日內，將訂約行庫名稱、訂約日期等相關資料輸入本會指定之資訊申報網站，其代收及專戶存儲價款不得由行庫之同一營業單位辦理。
俟收足價款後始得動支，並於收足價款之日起二日內將收足價款之資訊輸入本會指定之資訊申報網站。
二、應於每季結束後十日內，將資金運用計畫及資金運用情形季報表輸入本會指定之資訊申報網站。
但第二上市（櫃）公司以股東持有之已發行股份參與發行臺灣存託憑證者，不在此限。
三、第一上市（櫃）公司辦理現金增資或發行公司債，或第二上市（櫃）公司辦理現金增資或參與發行臺灣存託憑證者，應按季洽請原主辦承銷商或簽證會計師對資金執行進度、未支用資金處理狀況之合理性及是否涉及計畫變更出具評估意見，併同前款資訊輸入本會指定之資訊申報網站。
四、資金運用計畫項目變更或個別項目金額調整，而致原個別項目所需資金減少金額合計數或增加金額合計數，達所募集資金總額之百分之二十以上者，應辦理計畫變更，於董事會決議通過之日起二日內，將相關資訊於本會指定之資訊申報網站辦理公告，並報中央銀行核准後，提報股東會追認。
另應於變更時及嗣後每季結束後十日內，洽請原主辦承銷商對資金執行進度及未支用資金用途之合理性出具評估意見，併同第二款資訊輸入本會指定之資訊申報網站。
但第二上市（櫃）公司以股東持有之已發行股份參與發行臺灣存託憑證者，不在此限。
五、第一上市（櫃）公司辦理合併、受讓他公司股份、收購或分割而發行新股者，應於完成登記後一年內於每季結束後十日內洽請原主辦承銷商就該事項對外國發行人財務、業務及股東權益之影響出具評估意見，並輸入本會指定之資訊申報網站。
六、第一上市（櫃）公司及興櫃公司辦理現金增資或發行公司債者，在其現金增資或發行公司債運用計畫完成前，應於年報中揭露計畫執行進度；發行公司債者，應於資金募集完成後二日內及公司債發行期間每月十日前，於本會指定之資訊申報網站輸入公司債發行相關資料。
七、發生依註冊地國或上市地國政府法令及其證券交易所規章之規定即時公告之重大情事者，應同時輸入本會指定之資訊申報網站。
外國發行人主動公告者，亦同。
八、以新臺幣計價之普通公司債，所募資金應以新臺幣保留，並使用於在臺實質投資，或其他經中央銀行同意之範圍為限；以外幣計價之普通公司債，所募資金應以外幣保留，不得兌換為新臺幣使用。
前項第一款募集款項之匯出，應由主辦證券承銷商依管理外匯條例相關規定辦理。
第一上市（櫃）公司及興櫃公司募集與發行海外有價證券，經申報生效後，應辦理之事項，除準用第一項第二款至第七款規定外，並應於發行後十日內，將依發行當地國證券法令規定所編製之公開說明書，上傳至本會指定之資訊申報網站。
但發行海外存託憑證供海外公司債轉換或認購者，得免上傳。
第一上市（櫃）公司及興櫃公司募集與發行海外有價證券時，如有特定人或策略性投資人認購者，應將認購名單及其個別認購價格及數量，揭露於公開說明書並輸入本會指定之資訊申報網站；如遇有上市地國之證券主管機關函詢情事時，第一上市（櫃）公司及興櫃公司應於接獲函詢之日起二日內及提供資料之同時向本會申報。
外國發行人於國內發行股票、股款繳納憑證、債券及存託機構發行臺灣存託憑證，應採帳簿劃撥交付，不印製實體有價證券。
但外國發行人依其註冊地國法令規定，有價證券應以實體發行者，應經外國保管機構與證券集中保管事業簽訂保管契約並確認發行數額，始得於國內發行。
以帳簿劃撥方式交付有價證券者，於發行、轉讓或註銷時，應依證券集中保管事業相關規定辦理。
外國發行人於其註冊地國登記主管機關核准得發行新股之日起三十日內，對認股人交付有價證券，並應於交付前，於本會指定之資訊申報網站辦理公告。
一、除辦理合併、受讓他公司股份、收購或分割而發行新股或參與發行臺灣存託憑證、發行普通公司債、發行員工認股權憑證、發行限制員工權利新股或參與發行臺灣存託憑證供轉換公司債、附認股權公司債轉換或履行認股義務者外，須委託金融機構代收價款，存儲於所開立之專戶，並應於價款開始收取前，與代收及專戶存儲價款行庫分別訂定委託代收價款合約書及委託存儲價款合約書，且於訂約之日起二日內，將訂約行庫名稱、訂約日期等相關資料輸入本會指定之資訊申報網站，其代收及專戶存儲價款不得由行庫之同一營業單位辦理。
俟收足價款後始得動支，並於收足價款之日起二日內將收足價款之資訊輸入本會指定之資訊申報網站。
二、應於每季結束後十日內，將資金運用計畫及資金運用情形季報表輸入本會指定之資訊申報網站。
但第二上市（櫃）公司以股東持有之已發行股份參與發行臺灣存託憑證者，不在此限。
三、第一上市（櫃）公司辦理現金增資或發行公司債，或第二上市（櫃）公司辦理現金增資或參與發行臺灣存託憑證者，應按季洽請原主辦承銷商或簽證會計師對資金執行進度、未支用資金處理狀況之合理性及是否涉及計畫變更出具評估意見，併同前款資訊輸入本會指定之資訊申報網站。
四、資金運用計畫項目變更或個別項目金額調整，而致原個別項目所需資金減少金額合計數或增加金額合計數，達所募集資金總額之百分之二十以上者，應辦理計畫變更，於董事會決議通過之日起二日內，將相關資訊於本會指定之資訊申報網站辦理公告，並報中央銀行核准後，提報股東會追認。
另應於變更時及嗣後每季結束後十日內，洽請原主辦承銷商對資金執行進度及未支用資金用途之合理性出具評估意見，併同第二款資訊輸入本會指定之資訊申報網站。
但第二上市（櫃）公司以股東持有之已發行股份參與發行臺灣存託憑證者，不在此限。
五、第一上市（櫃）公司辦理合併、受讓他公司股份、收購或分割而發行新股者，應於完成登記後一年內於每季結束後十日內洽請原主辦承銷商就該事項對外國發行人財務、業務及股東權益之影響出具評估意見，並輸入本會指定之資訊申報網站。
六、第一上市（櫃）公司及興櫃公司辦理現金增資或發行公司債者，在其現金增資或發行公司債運用計畫完成前，應於年報中揭露計畫執行進度；發行公司債者，應於資金募集完成後二日內及公司債發行期間每月十日前，於本會指定之資訊申報網站輸入公司債發行相關資料。
七、發生依註冊地國或上市地國政府法令及其證券交易所規章之規定即時公告之重大情事者，應同時輸入本會指定之資訊申報網站。
外國發行人主動公告者，亦同。
八、以新臺幣計價之普通公司債，所募資金應以新臺幣保留，並使用於在臺實質投資，或其他經中央銀行同意之範圍為限；以外幣計價之普通公司債，所募資金應以外幣保留，不得兌換為新臺幣使用。
前項第一款募集款項之匯出，應由主辦證券承銷商依管理外匯條例相關規定辦理。
第一上市（櫃）公司及興櫃公司募集與發行海外有價證券，經申報生效後，應辦理之事項，除準用第一項第二款至第七款規定外，並應於發行後十日內，將依發行當地國證券法令規定所編製之公開說明書，上傳至本會指定之資訊申報網站。
但發行海外存託憑證供海外公司債轉換或認購者，得免上傳。
第一上市（櫃）公司及興櫃公司募集與發行海外有價證券時，如有特定人或策略性投資人認購者，應將認購名單及其個別認購價格及數量，揭露於公開說明書並輸入本會指定之資訊申報網站；如遇有上市地國之證券主管機關函詢情事時，第一上市（櫃）公司及興櫃公司應於接獲函詢之日起二日內及提供資料之同時向本會申報。
外國發行人於國內發行股票、股款繳納憑證、債券及存託機構發行臺灣存託憑證，應採帳簿劃撥交付，不印製實體有價證券。
但外國發行人依其註冊地國法令規定，有價證券應以實體發行者，應經外國保管機構與證券集中保管事業簽訂保管契約並確認發行數額，始得於國內發行。
以帳簿劃撥方式交付有價證券者，於發行、轉讓或註銷時，應依證券集中保管事業相關規定辦理。
外國發行人於其註冊地國登記主管機關核准得發行新股之日起三十日內，對認股人交付有價證券，並應於交付前，於本會指定之資訊申報網站辦理公告。