Regulations Governing Information to be Published in Prospectuses for Public Offerings of Beneficiary Securities by Trustee Institutions and Public Offerings of Asset-Backed Securities by Special Purpose Companies Article 13
The investment risk disclosure shall list the following risk factors:1. Illiquidity risk in the beneficiary securities or asset-backed securities market.2. Risk of early repayment by the original obligor of the trust or assigned assets.3. Risk of breach of contract by the original obligor of the trust or assigned assets.4. Risk of overconcentration of the trust assets or assigned assets.5. Interest rate fluctuation risk.6. Reinvestment risk.7. Other risks.8. Offeree or purchaser appropriateness (the following language shall be prominently printed):(1) "Beneficiary securities and asset-backed securities are not appropriate investment vehicles for everyone. The offeree or purchaser must have sufficient professional knowledge and experience to assess the value and the risks of the given beneficial or asset-backed security and the information given in this prospectus."(2) "Offerees or purchasers should assess on their own any potential influence on investment returns arising out of the economic environment, interest rates, or other factors."(3) "Offerees or purchasers must possess the financial soundness and liquidity to bear all risks associated with an offering of beneficial or asset-backed securities."
中文原文 受託機構公開招募受益證券特殊目的公司公開招募資產基礎證券公開說明書應行記載事項準則第13條
投資風險揭露應記載下列風險要素事項：
一、受益證券或資產基礎證券市場流動性不足之風險。
二、信託或受讓財產原債務人提前還款之風險。
三、信託或受讓財產原債務人違約之風險。
四、信託或受讓財產過度集中之風險。
五、利率變動之風險。
六、再投資之風險。
七、其他風險。
八、應募人或購買人適宜性（以顯著方式刊印下列文字）：
（一）受益證券或資產基礎證券並非適合所有人之投資工具，應募人或購買人需有足夠之專業知識及經驗來評估受益證券或資產基礎證券之價值及風險，以及包含於本公開說明書中之所有資訊。
（二）應募人或購買人需自行評估經濟環境、利率及其他因素可能對投資收益造成之影響。
（三）應募人或購買人需有足夠財力及流動性來承擔受益證券或資產基礎證券所有相關之風險。
一、受益證券或資產基礎證券市場流動性不足之風險。
二、信託或受讓財產原債務人提前還款之風險。
三、信託或受讓財產原債務人違約之風險。
四、信託或受讓財產過度集中之風險。
五、利率變動之風險。
六、再投資之風險。
七、其他風險。
八、應募人或購買人適宜性（以顯著方式刊印下列文字）：
（一）受益證券或資產基礎證券並非適合所有人之投資工具，應募人或購買人需有足夠之專業知識及經驗來評估受益證券或資產基礎證券之價值及風險，以及包含於本公開說明書中之所有資訊。
（二）應募人或購買人需自行評估經濟環境、利率及其他因素可能對投資收益造成之影響。
（三）應募人或購買人需有足夠財力及流動性來承擔受益證券或資產基礎證券所有相關之風險。