| Article 3 |
When applying for issuance of securities and trading such securities on the business premises of securities dealers (hereinafter the "OTC trading"), the foreign issuer and the agency or the depository institution it retains shall submit the application for OTC trading of foreign securities, the application for OTC trading of TDR, or the application for OTC trading of foreign bonds (attachments 1, 2, and 3), and record the required information, and file an application, along with required documents, with the ROC Over-The-Counter Securities Exchange ("ROSE"). ROSE will review such application in accordance with these Guidelines and processing procedures adopted by ROSE for reviewing the application for OTC trading of foreign securities and other relevant laws and regulations.
The processing procedures for reviewing the application for OTC trading of foreign securities shall be separately promulgated by ROSE. |