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Law News
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June 2018

Article 28, Paragraph 2 of the Personal Property Secured Transactions Law seeks to compensate impairment to the value of a transaction object, which is different from the right of claim over the rental price of personal property or the price of a good or product and to which a short statute of limitations does not apply (Taiwan)

June 2018

The Statute for Securities Transaction Taxes is amended to extend the tax reduction measures to the end of 2021 (Taiwan)

June 2018

The Securities and Exchange Law was amended by a Presidential directive to allow an independent director to hire experts to provide assistance (Taiwan)

June 2018

The FSC prescribed the Administrative Rules for Innovative Financial Technology Experiments (Taiwan)

June 2018

The FSC prescribed the Rules for Issuing New Taiwan Dollar Financial Debentures by Taiwan Branches of Foreign Banks (Taiwan)

June 2018

Stopping illegal and unfair competitive acts of others through approaches which are peaceful and meet the principle of proportionality such as reporting legal violations is a justified exercise of rights under Article 45 of the Fair Trade Law (Taiwan)

June 2018

In case of any damage or loss incurred to cargo that is not attributable to maritime shipping, if the shipper errors in delivering the cargo or releasing the cargo to the consignee without following the agreed-upon terms of release after the cargo arrives at port, Article 56 of the Maritime Law does not apply (Taiwan)

June 2018

The re-election of all directors and supervisors does not require a special resolution in advance to remove all directors and supervisors (Taiwan)

June 2018

The resignation of the chairman of the board pertains to the vacancy of the chairmanship, which is different from the case of the chairman’s “inability to exercise his power and authority for any cause” as provided in Article 208, Paragraph 3 of the Company Act. The chairman’s authority will lapse as the chairman resigns, and so will the agency authority of an agent conferred upon by the chairman. (Taiwan)

June 2018

Introduction of the Book Publishing Market on Both Sides of the Strait – Impact Analysis of the 31 Policy Measures to Benefit Taiwan
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