Securities and Exchange Act Article 174
A person who commits any of the following offenses shall be punished with imprisonment for not less than one year and not more than seven years, and in addition thereto, a criminal fine of not more than NT$20 million may be imposed:1. Making of false statements on the application materials required under Article 30, Article 44, paragraphs 1 to 3, or Article 93, or Article 30 as applied mutatis mutandis under Article 165-1 or 165-2, of this Act.2. Making and dissemination to the public of false information with regard to the market value of securities or important matters relating to approval of subscription or offering.3. The violation of paragraph 1 of Article 32 by an issuer, its responsible personnel or employees, in instances where no applicable exemption from liability is established pursuant to paragraph 2 of the same Article.4. Any false statement in the content of any account book, form/statement, document, or other reference or report material an issuer or public tender offeror or related party thereof, a securities firm or its principals, securities association, stock exchange, or an enterprise referred to in Article 18, is required to provide pursuant to an order of the Competent Authority.5. Any false statement in the content of any account book, form/statement, voucher, financial report, or other business document of any issuer, public tender offeror, securities firm, securities association, stock exchange, or an enterprise referred to in Article 18, required by law or by an order issued by the Competent Authority pursuant to law.6. Any false statement in the content of a financial report under the preceding subparagraph by a managerial officer or accounting officer who signs or seals the financial report. However, the punishment may be reduced or remitted if the person has submitted a corrective opinion and provided evidence in a report to the Competent Authority before any other person has brought a complaint or the Competent Authority or a judicial agency has commenced an investigation.7. With respect to an issuer or to trading in any specific securities, based on false information, making investment judgments, and expressing them by means of newspaper, written material, broadcast, film or other means.8. Any director, managerial officer, or employee of an issuer who, in violation of laws or regulations, the articles of incorporation, or by acting beyond the scope of authority granted by the board of directors, loans company funds to a third party or uses company assets to provide security, a guarantee, or endorsement of a negotiable instrument for a third party, thereby causing substantial harm to the company.9. Counterfeiting, altering, destroying, concealing, or obscuring working papers or relevant records or documents with the intent to impede inspection by the Competent Authority or investigation by a judicial agency.A person who commits any of the following offenses shall be punished with imprisonment for not more than five years, and a criminal fine of not more than NT$15 million may be imposed or additionally imposed:1. Issuance by a lawyer of a false or untrue opinion regarding any contract, report, or document of a company or a foreign company relating to the public offering, issuance, or trading of securities.2. A certified public account, with respect to any material falsehood or error in a financial report, document, or information reported or published by a company or foreign company, failing to fulfill their audit duties and issuing a false report or opinion; or a CPA, with respect to a material falsehood or error in a financial report of company or a foreign company, failing to perform auditing in accordance with applicable laws and regulations and generally accepted audit principles, resulting in the failure to point out the material falsehood or error.3. Violation of Article 22, paragraphs 1 to 3.If the commission of an offense under the preceding paragraph severely affects the rights or interests of shareholders or harms the stability of the securities market, the punishment may be increased by one-half.If a personnel member or employee of an issuer commits an offense in subparagraph 6 of paragraph 1, and the offense is minor, the punishment may be reduced.The Competent Authority shall render a disposition suspending attestation work by a CPA who violates subparagraph 2 of paragraph 2.If a foreign company is an issuer, any violation of paragraph 1, subparagraphs 2 to 9 by the foreign company or a director, managerial officer, employee, or accounting officer of the foreign company shall be punished under paragraphs 1 and 4.A person who violates Article 22 as applied mutatis mutandis under Article 165-1 or 165-2 shall be punished under paragraphs 2 and 3.
中文原文 證券交易法第174條
有下列情事之一者，處一年以上七年以下有期徒刑，得併科新臺幣二千萬元以下罰金：
一、於依第三十條、第四十四條第一項至第三項、第九十三條、第一百六十五條之一或第一百六十五條之二準用第三十條規定之申請事項為虛偽之記載。
二、對有價證券之行情或認募核准之重要事項為虛偽之記載而散布於眾。
三、發行人或其負責人、職員有第三十二條第一項之情事，而無同條第二項免責事由。
四、發行人、公開收購人或其關係人、證券商或其委託人、證券商同業公會、證券交易所或第十八條所定之事業，對於主管機關命令提出之帳簿、表冊、文件或其他參考或報告資料之內容有虛偽之記載。
五、發行人、公開收購人、證券商、證券商同業公會、證券交易所或第十八條所定之事業，於依法或主管機關基於法律所發布之命令規定之帳簿、表冊、傳票、財務報告或其他有關業務文件之內容有虛偽之記載。
六、於前款之財務報告上簽章之經理人或會計主管，為財務報告內容虛偽之記載。
但經他人檢舉、主管機關或司法機關進行調查前，已提出更正意見並提供證據向主管機關報告者，減輕或免除其刑。
七、就發行人或特定有價證券之交易，依據不實之資料，作投資上之判斷，而以報刊、文書、廣播、電影或其他方法表示之。
八、發行人之董事、經理人或受僱人違反法令、章程或逾越董事會授權之範圍，將公司資金貸與他人、或為他人以公司資產提供擔保、保證或為票據之背書，致公司遭受重大損害。
九、意圖妨礙主管機關檢查或司法機關調查，偽造、變造、湮滅、隱匿、掩飾工作底稿或有關紀錄、文件。
有下列情事之一者，處五年以下有期徒刑，得科或併科新臺幣一千五百萬元以下罰金：
一、律師對公司、外國公司有關證券募集、發行或買賣之契約、報告書或文件，出具虛偽或不實意見書。
二、會計師對公司、外國公司申報或公告之財務報告、文件或資料有重大虛偽不實或錯誤情事，未善盡查核責任而出具虛偽不實報告或意見；或會計師對於內容存有重大虛偽不實或錯誤情事之公司、外國公司之財務報告，未依有關法規規定、一般公認審計準則查核，致未予敘明。
三、違反第二十二條第一項至第三項規定。
犯前項之罪，如有嚴重影響股東權益或損及證券交易市場穩定者，得加重其刑至二分之一。
發行人之職員、受僱人犯第一項第六款之罪，其犯罪情節輕微者，得減輕其刑。
主管機關對於有第二項第二款情事之會計師，應予以停止執行簽證工作之處分。
外國公司為發行人者，該外國公司或外國公司之董事、經理人、受僱人、會計主管違反第一項第二款至第九款規定，依第一項及第四項規定處罰。
違反第一百六十五條之一或第一百六十五條之二準用第二十二條規定，依第二項及第三項規定處罰。
一、於依第三十條、第四十四條第一項至第三項、第九十三條、第一百六十五條之一或第一百六十五條之二準用第三十條規定之申請事項為虛偽之記載。
二、對有價證券之行情或認募核准之重要事項為虛偽之記載而散布於眾。
三、發行人或其負責人、職員有第三十二條第一項之情事，而無同條第二項免責事由。
四、發行人、公開收購人或其關係人、證券商或其委託人、證券商同業公會、證券交易所或第十八條所定之事業，對於主管機關命令提出之帳簿、表冊、文件或其他參考或報告資料之內容有虛偽之記載。
五、發行人、公開收購人、證券商、證券商同業公會、證券交易所或第十八條所定之事業，於依法或主管機關基於法律所發布之命令規定之帳簿、表冊、傳票、財務報告或其他有關業務文件之內容有虛偽之記載。
六、於前款之財務報告上簽章之經理人或會計主管，為財務報告內容虛偽之記載。
但經他人檢舉、主管機關或司法機關進行調查前，已提出更正意見並提供證據向主管機關報告者，減輕或免除其刑。
七、就發行人或特定有價證券之交易，依據不實之資料，作投資上之判斷，而以報刊、文書、廣播、電影或其他方法表示之。
八、發行人之董事、經理人或受僱人違反法令、章程或逾越董事會授權之範圍，將公司資金貸與他人、或為他人以公司資產提供擔保、保證或為票據之背書，致公司遭受重大損害。
九、意圖妨礙主管機關檢查或司法機關調查，偽造、變造、湮滅、隱匿、掩飾工作底稿或有關紀錄、文件。
有下列情事之一者，處五年以下有期徒刑，得科或併科新臺幣一千五百萬元以下罰金：
一、律師對公司、外國公司有關證券募集、發行或買賣之契約、報告書或文件，出具虛偽或不實意見書。
二、會計師對公司、外國公司申報或公告之財務報告、文件或資料有重大虛偽不實或錯誤情事，未善盡查核責任而出具虛偽不實報告或意見；或會計師對於內容存有重大虛偽不實或錯誤情事之公司、外國公司之財務報告，未依有關法規規定、一般公認審計準則查核，致未予敘明。
三、違反第二十二條第一項至第三項規定。
犯前項之罪，如有嚴重影響股東權益或損及證券交易市場穩定者，得加重其刑至二分之一。
發行人之職員、受僱人犯第一項第六款之罪，其犯罪情節輕微者，得減輕其刑。
主管機關對於有第二項第二款情事之會計師，應予以停止執行簽證工作之處分。
外國公司為發行人者，該外國公司或外國公司之董事、經理人、受僱人、會計主管違反第一項第二款至第九款規定，依第一項及第四項規定處罰。
違反第一百六十五條之一或第一百六十五條之二準用第二十二條規定，依第二項及第三項規定處罰。