Regulations Governing the Issuance of Call (Put) Warrants by Issuers Article 15
The securities exchange where offshore call (put) warrants are issued by an issuer shall meet the following conditions:1. It must be organized as either a securities exchange or over-the-counter market subject to regulation by the local competent authority.2. The sovereign rating of the country where the warrants are to trade shall have a rating of a certain grade or higher from a credit rating institution recognized by the FSC.
中文原文 發行人發行認購（售）權證處理準則第15條
發行人發行海外認購（售）權證之證券交易市場應具備之條件及範圍如下：
一、須有組織且受當地證券主管機關管理之證券交易所或店頭市場。
二、交易當地之國家主權評等，應符合經本會認可之信用評等機構評定達一定等級以上。
一、須有組織且受當地證券主管機關管理之證券交易所或店頭市場。
二、交易當地之國家主權評等，應符合經本會認可之信用評等機構評定達一定等級以上。