TAI FSC Electronic Signatures Act

Updated on: Nov 4, 2024

Latest Event


  • Oct. 2024 Cessation of Exclusions
  • On Oct. 30, 2024, TAI FSC explained that electronic signature exclusions will cease.
  • FSC no. 1100365352, that lists excluded items, will cease to apply from May 14, 2025.
  • In Feb. 2025, TAI FSC proposed amendments to rule on proxies use, see #244956.
  • In Mar. 2025, TAI DCC introduced digital services to facilitate compliance, #245758.

On Dec. 3, TAI FSC listed excluded items for electronic signatures.

  • TAI FSC issued order to exclude items that are subject to the provisions of the electronic signatures act, regarding electronic documents and electronic signatures.
  • List contains 36 items, including public company annual reports, professional valuation reports, certificates of qualification for salespeople and internal audit reports.
  • Effectiveness
  • This order takes effect from today, and FSC no. 1080333658 shall cease to apply.
  • Sep. 2021 Insurance Exclusions
  • On Sep. 1, 2021, TAI FSC made amendments to the list of insurance laws and articles that have been excluded from the application of the electronic signatures act.
  • Including articles of insurance act and compulsory automobile liability insurance act.
  • TAI IAA also informed members of the amendments made to the list by TAI FSC.
  • This list takes effect immediately, and FSC no. 10804953925 shall cease to apply.
  • Dec. 2021 Exclusions
  • On Dec. 10, 2021, TAI FSC amended list of exclusions from electronic signatures act.
  • This list takes effect immediately, and FSC no. 1090365761 shall cease to apply.
  • Oct. 2024 Cessation of Exclusions
  • On Oct. 30, 2024, TAI FSC explained that electronic signature exclusions will cease.
  • FSC no. 1100365352, that lists excluded items, will cease to apply from May 14, 2025.
  • In Feb. 2025, TAI FSC proposed amendments to rule on proxies use, see #244956.
  • In Mar. 2025, TAI DCC introduced digital services to facilitate compliance, #245758.
Regulators
TAI FSC; TAI IAA
Entity Types
Corp
Reference
RF FSC No. 1130385239, 10/30/2024; RF FSC No. 1100365352, Rpl FSC No. 1090365761, 12/10/2021; RF FSC No. 11004932511, Rpl FSC No. 10804953925, PR 110.09.01-12165, 9/1/2021; RF FSC No. 1090365761, Rpl FSC No. 1080333658, 12/3/2020;
Functions
Actuarial and Valuation; Compliance; C-Suite; Legal; Operations; Reporting; Technology
Countries
Taiwan
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
AP
Rule Date
Dec 3, 2020
Effective Date
May 14, 2025
Rule ID
92410
Linked to
N/A
Reg. Last Update
Oct 30, 2024
Report Section
International