Important Measures
FSC approved TPEx’s General Introduction to the Taipei Exchange Operational Directions for Green Bonds
2017-06-07
To assist green industry obtain capital, and promote environmental sustainability and a diversified domestic bond market, the FSC has supervised the formulation of a concrete green bond promotion plan by TPEx and also approved its General Introduction to the Taipei Exchange Operational Directions for Green Bonds on April 18, 2017. TPEx promulgated the Directions on April 21, 2017, and they took effect the same day.
The above Directions stipulate that when the issuer submits a green investment project or management of proceeds approval or assessment documents and documentary proof from a domestic or overseas review institution with its application, it can apply to TPEx for an eligibility review. The TPEx review period is not more than three business days. After approval of TPEx, the issuer should apply for OTC trading within two months. Also, after green bonds are issued, the issuer should, within 30 days of the end of each accounting year, commission a review institution to present an opinion or certification report with regards whether the use of proceeds matches the purpose of proceeds.
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- Update： 2017-06-07
