The stock exchange once again relaxed the trading regulations on the Innovation Board and investors will be exempted from signing a risk notice

The stock exchange revised the trading specifications of the Innovation Board.

[Reporter Ou Yuxiang/Taipei Report] The Stock Exchange decided at the board of directors today that in order to simplify the trading procedures for investors to participate in the Innovation Board, it amended Article 79-2 of the Stock Exchange's "Business Rules" so that future investors do not need to sign a risk warning letter to participate in the Innovation Board transactions. It will be implemented after reporting to the competent authority.

According to the stock exchange announcement, considering that none of the major international capital markets require investors to sign a risk notice before the first transaction of listed stocks, and that the Innovation Board has been open for more than five years since its launch in 2021, the relevant information disclosure mechanism has become increasingly perfect, and investors also have a considerable degree of awareness of the risks of transactions on the Innovation Board.

Therefore, in order to be in line with the international market and simplify the trading procedures for investors to participate in the Innovation Board, it was decided to delete Article 79-2 of the "Rules of Business" and cancel the requirement for investors to sign a risk warning letter.

Taiwan's Innovation Board will be launched in late July 2021, with restrictions on qualified investors such as financial resources and trading experience thresholds. This requirement will be lifted in early January 2025, but a risk warning letter will still be required. After the new system is implemented, the qualifications and entry procedures for general investors to buy and sell current shares on the Innovation Board will be the same as those on the general board.