Saturday, February 28, 2009

TAIWAN STOCK EXCHANGE

The Organization

orginazation diagram

TWSE is a private corporation with 15 board directors and 3 supervisors. At least one-third of board directors and supervisors are appointed by the securities authority to represent the public interest.

TWSE consists of sixteen departments/offices, whose functions are as follows:
Listing Promotion Department Drafting and executing securities listing rules and regulations.
Listing Supervision Department Monitoring compliance with the continuing listing obligations by listing companies.
Trading Department Drafting and executing securities trading rules and regulations; promoting securities investment and providing investors service.
Clearing Department Drafting and executing securities clearing and settlement rules and regulations.
Surveillance Department Drafting and executing securities market surveillance rules and regulations.
Compliance & Inspection Department Auditing the financial and business operations of securities firms.
System Development Department Overseeing research, planning and implementation of computer projects and related procurement affairs; developing, designing and testing application programs.
Computer Operation Department Administering installation, maintenance and management of computer-related facilities; executing, operating, servicing and auditing computer business.
Market Data & Corporate Systems Department Administering market data dissemination, including management, linkage, promotion and servicing; office automation.
International Affairs Department Contacting and communicating with international securities agencies; handling related international affairs.
Corporate Planning & Communications Department Conducting research into securities-related topics, publishing statistics, designing new products and managing a research library; administering domestic public relations, acting as press liaison.
Finance Department Managing operational funds, cashiering, contracts, safekeeping of guarantee deposits, accounting and stock registrar matters.
Legal & Secretarial Services Department Managing secretariat affairs of the Board Meetings and Shareholders’ Meetings and other business meetings; administering corporate seals, files and documentation; drafting related rules and legal services.
Human Resources Department Managing personnel, properties, arranging procurement affairs and related affairs.
Labor Security Office Managing labor security, health matters.
Internal Audit Office Administering internal audits and controls of the Exchange, and reporting directly to the board of directors.

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