Page 45 - 臺灣證券交易所109年度年報

4. To lower the securities transaction tax for dedicated accounts engaging in hedging trades, the TWSE will assist the Ministry of Finance ("MOF") in bringing amendments to Article 2-3 and Article 3 of the "Securities Transaction Tax Act" for approval by the Legislative Yuan. In addition, the TWSE proposes the extension of tax cuts for day trading.
5. The TWSE will enhance the clearing and settlement fund system to strengthen securities market risk oversight.
6. The TWSE will evaluate allowing foreign investment in ETNs, using foreign currency as collateral for financing from securities firms. In addition, the TWSE will establish an electronic operation platform and paperless environment so that foreign investors may open accounts conveniently.
7. The TWSE will encourage securities firms to engage in digital transformation, optimize the process of opening accounts online, evaluate the feasibility of allowing juristic persons to open accounts, and strengthen real-time monitoring mechanisms of financial products offered by securities firms and their related risks.
8. To allow securities dealers to participate in the IPO competitive auctions on the TWSE/TPEx, the TWSE will adjust the Securities Competitive Auction System.
9. The TWSE will consider allowing investors to create a pledge using in-transit receivables as collateral, and apply for financing through non-restricted purpose loans with securities firms.
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