Regulations Governing Securities Firms Article 25
When a securities underwriter is engaged to handle matters relating to the offering, issuing, TWSE listing, or TPEx listing of securities, the assessment report, conclusion opinion and relevant information provided by it shall not have any of the following conditions:1. The content contains any false information, concealment, or other circumstance sufficient to mislead others.2. The principal content contains any material omission or obvious error sufficient to affect investment judgment.3. Failing to prepare working papers or failing to keep working papers in accordance with regulations.4. The issuer violates Article 7 or 8 of the Regulations Governing the Offering and Issuance of Securities by Securities Issuers or Article 8 of the Regulations Governing the Offering and Issuance of Overseas Securities by Issuers, and its application shall be rejected; however, if the underwriter can prove that they have exercised reasonable due care, this does not apply.5. The underwriter fails to conduct necessary guidance and assessment on major items that require assessment, resulting in material difference between the assessment conclusions and the facts.6. After the assessment report or conclusion opinion is submitted, and before the prospectus is printed and published, if the company has a condition that will materially affect shareholders' interests or the price of securities under Article 36, paragraph 2, subparagraph 2 of the Securities and Exchange Act and the underwriter does not immediately carry out supplementation and updating.7. Violating other securities laws and regulations or other relevant laws and regulations.
中文原文 證券商管理規則第25條
證券承銷商受託辦理有價證券之募集與發行、上市及上櫃等相關業務，所出具之評估報告、總結意見及相關資料不得有下列情事：
一、內容有虛偽、隱匿或其他足致他人誤信之情事。
二、主要內容有重大遺漏或明顯錯誤足以影響投資判斷。
三、未編製工作底稿或未依規定保存工作底稿。
四、發行人有發行人募集與發行有價證券處理準則第七條及第八條或外國發行人募集與發行有價證券處理準則第八條所定，應予退回之情事。
但證券承銷商如能證明已盡相當注意義務，不在此限。
五、重要評估事項未採行必要之輔導及評估程序，致評估結論與事實有重大差異。
六、評估報告或總結意見提出後，於公開說明書刊印日前，受評估公司發生本法第三十六條第二項第二款規定對股東權益或證券價格有重大影響之事項，未即時予以補充評估並更新。
七、其他違反證券管理法令及其他相關法令規定之情事。
一、內容有虛偽、隱匿或其他足致他人誤信之情事。
二、主要內容有重大遺漏或明顯錯誤足以影響投資判斷。
三、未編製工作底稿或未依規定保存工作底稿。
四、發行人有發行人募集與發行有價證券處理準則第七條及第八條或外國發行人募集與發行有價證券處理準則第八條所定，應予退回之情事。
但證券承銷商如能證明已盡相當注意義務，不在此限。
五、重要評估事項未採行必要之輔導及評估程序，致評估結論與事實有重大差異。
六、評估報告或總結意見提出後，於公開說明書刊印日前，受評估公司發生本法第三十六條第二項第二款規定對股東權益或證券價格有重大影響之事項，未即時予以補充評估並更新。
七、其他違反證券管理法令及其他相關法令規定之情事。