{
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 "door": "https://mcp.tw-cm-kg.ai",
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     "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
     "https://www.fsc.gov.tw/en/home.jsp?id=54&parentpath=0,2&mcustomize=multimessage_view.jsp&dataserno=202507160003&dtable=News",
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   {
    "name": "product_scope",
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     {
      "instrument_class": "Taiwan depositary receipts (TDRs)",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 3, subparagraph 8",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "instrument_class": "corporate bonds with equity characteristics",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 6, paragraph 1, subparagraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "instrument_class": "domestic straight corporate bonds",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 5, paragraph 1, subparagraph 7",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     }
    ],
    "read_at": "2026-10-31T18:45:08Z",
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    "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
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    "conflict": {
     "values": [
      {
       "object": {
        "instrument_class": "foreign-currency trust business",
        "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, Point 1"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
       "quote": "The offshore banking branch of a bank (hereinafter referred to as the \"OBU\") may conduct foreign-currency trust business",
       "source_date": "2014.01.29",
       "reason": "review PARTIAL: **PARTIAL**\n\nThe excerpt allows OBUs to conduct foreign-currency trust business, but only if their head office has prior approval under the *Offshore Banking Act*. The claimed value omits this prerequ"
      }
     ],
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    "name": "client_categories",
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    "read_at": "2026-10-31T20:09:19Z",
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    "conflict": {
     "values": [
      {
       "value": [
        {
         "identifier": "financial consumer",
         "criteria": "parties that receive financial products or services provided by a financial services enterprise",
         "rule": "Financial Consumer Protection Act, Article 4",
         "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
         "source_date": "2014.06.04",
         "read_at": "2026-10-31T18:42:50Z"
        },
        {
         "identifier": "Natural persons or juristic persons with a prescribed level of financial capacity or professional expertise",
         "criteria": "prescribed level of financial capacity or professional expertise",
         "rule": "Financial Consumer Protection Act, Article 4, paragraph 1, subparagraph 2",
         "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
         "source_date": "2014.06.04",
         "read_at": "2026-10-31T18:42:50Z"
        }
       ],
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
       "source_date": "2014.06.04",
       "superseded": "not read from this market's securities client-classification provisions (the securities statute or the securities regulator's rules that classify investors or clients) (BOOK-05)"
      }
     ],
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   {
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      "exclusion": "The denominated currency shall not be in New Taiwan Dollars",
      "applies_to": "investment targets",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, Point 3(1)",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
      "source_date": "2014.01.29",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "exclusion": "The underlying instrument shall not be exchange rate or interest rate index of New Taiwan Dollars, or any New Taiwan Dollar denominated product",
      "applies_to": "investment targets",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, Point 3(2)",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
      "source_date": "2014.01.29",
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     },
     {
      "exclusion": "The investment portfolio shall not contain or link to any New Taiwan Dollar denominated product",
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      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, Point 3(3)",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
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   {
    "name": "distribution_conditions",
    "value": [
     {
      "condition": "shall not engage in falsehood, deception, concealment, or other conduct sufficient to mislead another party",
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      "rule": "Financial Consumer Protection Act, Article 8, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "shall not take advantage of education and awareness programs to introduce individual financial products or services",
      "party": "financial services enterprise",
      "rule": "Financial Consumer Protection Act, Article 8, paragraph 3",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "fully understand the information pertaining to the financial consumer in order to ascertain the suitability of those products or services",
      "party": "financial services enterprise",
      "rule": "Financial Consumer Protection Act, Article 9, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "fully explain the important aspects of the financial products or services, and of the contact, to the financial consumer, and shall also fully disclose the associated risks",
      "party": "financial services enterprise",
      "rule": "Financial Consumer Protection Act, Article 10, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "explanations and disclosures made in a manner that is fully understandable to the financial consumer, including transaction costs, and possible gains and risks",
      "party": "financial services enterprise",
      "rule": "Financial Consumer Protection Act, Article 10, paragraph 3",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "incorporate the content of Articles 8 through 10 into its internal control and internal audit systems, and faithfully implement them",
      "party": "financial services enterprise",
      "rule": "Financial Consumer Protection Act, Article 12",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "counterparties shall be limited to clients outside the territory of the Republic of China",
      "party": "OBU",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, point 3",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
      "source_date": "2014.01.29",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "The denominated currency shall not be in New Taiwan Dollars",
      "party": "OBU",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, point 3(1)",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
      "source_date": "2014.01.29",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "The underlying instrument shall not be exchange rate or interest rate index of New Taiwan Dollars, or any New Taiwan Dollar denominated product",
      "party": "OBU",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, point 3(2)",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
      "source_date": "2014.01.29",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "condition": "The investment portfolio shall not contain or link to any New Taiwan Dollar denominated product",
      "party": "OBU",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, point 3(3)",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
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     {
      "condition": "fully explaining to clients the important aspects of the product, service and contract and fully disclosing associated risks",
      "party": "OBU",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, point 4",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
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    "name": "required_assessments",
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     {
      "assessment": "ascertain the suitability of those products or services to the financial consumer",
      "trigger": "Before a financial services enterprise enters into a contract with a financial consumer for the provision of financial products or services",
      "party": "financial services enterprise",
      "rule": "Financial Consumer Protection Act, Article 9, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "assessment": "carefully consider the borrower, the intended use of the funds, the source of repayment, the security for its claim, the perspective risks and benefits of the loan",
      "trigger": "engages in lending business",
      "party": "financial services enterprise",
      "rule": "Financial Consumer Protection Act, Article 10, paragraph 2",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "assessment": "Customer acceptance standards and Know Your Customer (KYC) procedures",
      "trigger": "When conducting business provided in Point 1 herein",
      "party": "OBU",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, point 4(1)",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670",
      "source_date": "2014.01.29",
      "read_at": "2026-10-31T20:08:06Z"
     },
     {
      "assessment": "Review mechanism for product launch",
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      "party": "OBU",
      "rule": "Jin-Guan-Yin-Wai-Zi-10300017351, point 4(4)",
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       "quote": "(3) Rules for product suitability;",
       "source_date": "2014.01.29",
       "reason": "review PARTIAL: PARTIAL\n\nThe excerpt mentions \"Rules for product suitability\" under point 4(3) and specifies that an OBU must establish such rules when conducting business as described in Point 1. However, the claime"
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     ],
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     "selection_rule": "none — unresolved"
    }
   },
   {
    "name": "product_documentation",
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      "document": "evaluation report",
      "party": "securities underwriter",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 6, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
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     {
      "document": "legal opinion",
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      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 6, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
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     "https://www.law.cbc.gov.tw/ELaw/RelateLawShowAll?lawId=LA01001005&LawIDRelate=LA04C014000"
    ],
    "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
    "source_date": "2026.03.26",
    "conflict": {
     "values": [
      {
       "object": {
        "document": "prospectus",
        "party": "",
        "rule": "The concluding opinion of the evaluation report shall be published in the prospectus (Article 6, paragraph 2)"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
       "quote": "The concluding opinion of the evaluation report referred to in the preceding paragraph shall be published in the prospectus.",
       "source_date": "2026.03.26",
       "reason": "unstructured: required key(s) ['party'] not stated"
      }
     ],
     "reason": "objects that did not verify (each with its reason)",
     "selection_rule": "none — unresolved"
    }
   },
   {
    "name": "manufacturer_distributor_roles",
    "value": [
     {
      "actor": "financial services enterprise",
      "role": "fully understand the information pertaining to the financial consumer in order to ascertain the suitability",
      "rule": "Financial Consumer Protection Act, Article 9",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
      "source_date": "2023.12.06",
      "read_at": "2026-10-31T18:43:57Z"
     },
     {
      "actor": "financial services enterprise",
      "role": "fully explain the important aspects of the financial products or services and fully disclose the associated risks",
      "rule": "Financial Consumer Protection Act, Article 10",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "actor": "Board of Directors or the Executive Board of Directors",
      "role": "initial sale of complex, high-risk products reported to and approved by",
      "rule": "Financial Consumer Protection Act, Article 11-2, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
      "source_date": "2023.12.06",
      "read_at": "2026-10-31T18:43:57Z"
     },
     {
      "actor": "responsible persons in Taiwan",
      "role": "agreement required for complex, high-risk products and remuneration system of branch units of foreign financial services enterprises",
      "rule": "Financial Consumer Protection Act, Article 11-2, paragraph 3",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
      "source_date": "2023.12.06",
      "read_at": "2026-10-31T18:43:57Z"
     },
     {
      "actor": "foreign issuer",
      "role": "Sponsor issuance: assists in administering the issuance of TDRs and provides financial information in accordance with contractual stipulations",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 3, subparagraph 9",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "actor": "Depositary institution",
      "role": "approved by the competent authority to engage in business relating to Taiwan depositary receipts",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 3, subparagraph 6",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "actor": "Custodian institution",
      "role": "maintains custody of the underlying securities represented by Taiwan depositary receipts",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 3, subparagraph 7",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     }
    ],
    "read_at": "2026-10-31T18:45:32Z",
    "pages_checked": [
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
     "https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0380226",
     "https://resourcehub.bakermckenzie.com/en/-/media/asia-pacific-regulatory-landscape-and-issues-in-ba/files/baker-mckenzie---ap-insurance-consumer-protection-guide.pdf?rev=5704570573264917832f9078cd383fd0&sc_lang=en",
     "https://law.moj.gov.tw/ENG/LawClass/LawParaDeatil.aspx?pcode=J0170001&bp=9",
     "https://www.law.cbc.gov.tw/ELaw/RelateLawShowAll?lawId=LA01001005&LawIDRelate=LA04C014000"
    ],
    "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
    "source_date": "2023.12.06",
    "conflict": {
     "values": [
      {
       "object": {
        "actor": "securities underwriter",
        "role": "assist it in complying with ROC securities laws and regulations",
        "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 6, paragraph 3"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
       "quote": "in the accounting year when the offering is completed and in the subsequent 3 accounting years, engage a securities underwriter to assist it in complying with ROC securities laws and regulations.",
       "source_date": "2026.03.26",
       "reason": "review PARTIAL: PARTIAL\n\nThe excerpt specifies the requirement to engage a securities underwriter for compliance assistance, but it applies only to **primary exchange (or OTC) listed companies** under subparagraphs 1"
      }
     ],
     "reason": "objects that did not verify (each with its reason)",
     "selection_rule": "none — unresolved"
    }
   },
   {
    "name": "review_triggers",
    "value": [
     {
      "event": "any change in the particulars subsequent to effective registration",
      "period_or_condition": "promptly",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 4, paragraph 4",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "event": "engage a securities underwriter to assist in complying with ROC securities laws and regulations",
      "period_or_condition": "in the accounting year when the offering is completed and in the subsequent 3 accounting years",
      "party": "primary exchange (or OTC) listed company",
      "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 6, paragraph 3",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "event": "initial sale of complex, high-risk products",
      "period_or_condition": "reported to and approved by the Board of Directors or the Executive Board of Directors",
      "party": "financial services enterprises",
      "rule": "Financial Consumer Protection Act, Article 11-2, paragraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
      "source_date": "2023.12.06",
      "read_at": "2026-10-31T18:43:57Z"
     }
    ],
    "read_at": "2026-10-31T18:45:41Z",
    "pages_checked": [
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
     "https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0380226",
     "https://resourcehub.bakermckenzie.com/en/-/media/asia-pacific-regulatory-landscape-and-issues-in-ba/files/baker-mckenzie---ap-insurance-consumer-protection-guide.pdf?rev=5704570573264917832f9078cd383fd0&sc_lang=en",
     "https://law.moj.gov.tw/ENG/LawClass/LawParaDeatil.aspx?pcode=J0170001&bp=9",
     "https://www.law.cbc.gov.tw/ELaw/RelateLawShowAll?lawId=LA01001005&LawIDRelate=LA04C014000"
    ],
    "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
    "source_date": "2026.03.26",
    "conflict": {
     "values": [
      {
       "object": {
        "event": "any event that has a material impact on shareholders' equity or the prices of securities",
        "period_or_condition": "within 2 days from its occurrence",
        "party": "foreign issuer",
        "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 4, paragraph 2"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
       "quote": "there occurs any event that has a material impact on shareholders' equity or the prices of securities under Article 36, paragraph 3, subparagraph 2 of the Act, the foreign issuer shall publicly announce the event and report it to the FSC within 2 days from its occurrence.",
       "source_date": "2026.03.26",
       "reason": "review PARTIAL: PARTIAL\n\nThe excerpt specifies the 2-day reporting requirement for material events affecting shareholders' equity or security prices, but it applies only **during the period from the balance sheet dat"
      },
      {
       "object": {
        "event": "publicly issues any information that is inconsistent with the filing documents",
        "period_or_condition": "",
        "party": "issuer",
        "rule": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 4, paragraph 3"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
       "quote": "If the issuer publicly issues any information that is inconsistent with the filing documents, it shall amend the relevant materials and submit them to the FSC.",
       "source_date": "2026.03.26",
       "reason": "review PARTIAL: PARTIAL\n\nThe excerpt includes the exact phrase from the claimed value (\"If the issuer publicly issues any information that is inconsistent with the filing documents, it shall amend the relevant materi"
      }
     ],
     "reason": "objects that did not verify (each with its reason)",
     "selection_rule": "none — unresolved"
    }
   },
   {
    "name": "evidence_requirements",
    "value": "not_found",
    "read_at": "2026-10-31T01:50:26Z",
    "pages_checked": [
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     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
     "https://law.moj.gov.tw/ENG/LawClass/LawParaDeatil.aspx?pcode=J0170001&bp=9",
     "https://www.law.cbc.gov.tw/ELaw/RelateLawShowAll?lawId=LA01001005&LawIDRelate=LA04C014000",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2805",
     "https://twse-regulation.twse.com.tw/EN/law/DAT08_word.aspx?FLCODE=FL007530",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=1598",
     "https://www.fsc.gov.tw/fckdowndoc?file=/The%20Financial%20Regulatory%20Directory(1).pdf&flag=doc",
     "https://www.cbc.gov.tw/en/public/Attachment/21128165102.pdf",
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598"
    ],
    "conflict": {
     "values": [
      {
       "value": [
        {
         "applies_to": "complex, high-risk products as defined in Paragraph 2 of Article 11-2",
         "evidence": "the aforementioned explanations and disclosures should be recorded or filmed",
         "exception": "unless it is an automatic channel transaction or the consumer does not agree"
        }
       ],
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
       "quote": "the aforementioned explanations and disclosures should be recorded or filmed unless it is an automatic",
       "source_date": "2023.12.06"
      }
     ],
     "reason": "review PARTIAL: PARTIAL\n\nThe excerpt mentions the requirement for recording or filming explanations and disclosures for complex, high-risk products, including the exception for automatic channel transactions or consu",
     "selection_rule": "none — unresolved (BOOK-02 records, does not resolve)"
    }
   },
   {
    "name": "exceptions",
    "value": [
     {
      "exception": "Qualified institutional investors",
      "condition": "not included in the term financial consumer",
      "provision": "Financial Consumer Protection Act, Article 4, paragraph 1, subparagraph 1",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "exception": "Natural persons or juristic persons with a prescribed level of financial capacity or professional expertise",
      "condition": "not included in the term financial consumer",
      "provision": "Financial Consumer Protection Act, Article 4, paragraph 1, subparagraph 2",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
      "source_date": "2014.06.04",
      "read_at": "2026-10-31T18:42:50Z"
     },
     {
      "exception": "information issued pursuant to statutes or regulations",
      "condition": "from receipt of filing documents until effective registration, no financial or business forecast information may be issued",
      "provision": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 4, paragraph 3",
      "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
      "source_date": "2026.03.26",
      "read_at": "2026-10-31T18:42:50Z"
     }
    ],
    "read_at": "2026-10-31T18:45:47Z",
    "pages_checked": [
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
     "https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0380226",
     "https://resourcehub.bakermckenzie.com/en/-/media/asia-pacific-regulatory-landscape-and-issues-in-ba/files/baker-mckenzie---ap-insurance-consumer-protection-guide.pdf?rev=5704570573264917832f9078cd383fd0&sc_lang=en",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
     "https://law.moj.gov.tw/ENG/LawClass/LawParaDeatil.aspx?pcode=J0170001&bp=9",
     "https://www.law.cbc.gov.tw/ELaw/RelateLawShowAll?lawId=LA01001005&LawIDRelate=LA04C014000"
    ],
    "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598",
    "source_date": "2014.06.04",
    "conflict": {
     "values": [
      {
       "object": {
        "exception": "automatic channel transaction",
        "condition": "explanations and disclosures for complex, high-risk products need not be recorded or filmed",
        "provision": "Financial Consumer Protection Act, Article 10, paragraph 4"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
       "quote": "the aforementioned explanations and disclosures should be recorded or filmed unless it is an automatic channel transaction or the consumer does not agree.",
       "source_date": "2023.12.06",
       "reason": "review PARTIAL: PARTIAL\n\nThe excerpt mentions the exception for \"automatic channel transactions\" where explanations and disclosures for complex, high-risk products need not be recorded or filmed, but it does not expl"
      },
      {
       "object": {
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        "condition": "explanations and disclosures for complex, high-risk products need not be recorded or filmed",
        "provision": "Financial Consumer Protection Act, Article 10, paragraph 4"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
       "quote": "the aforementioned explanations and disclosures should be recorded or filmed unless it is an automatic channel transaction or the consumer does not agree.",
       "source_date": "2023.12.06",
       "reason": "review PARTIAL: PARTIAL\n\nThe excerpt states that explanations and disclosures for complex, high-risk products \"should be recorded or filmed unless... the consumer does not agree,\" which aligns with the claimed condit"
      },
      {
       "object": {
        "exception": "Issuers of straight corporate bonds",
        "condition": "not subject to the evaluation report and legal opinion requirement for overseas securities",
        "provision": "Regulations Governing the Offering and Issuance of Securities by Foreign Issuers, Article 6, paragraph 1, subparagraph 3"
       },
       "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868",
       "quote": "A primary exchange (or OTC) listed company or emerging stock company publicly offering and issuing overseas securities. Issuers of straight corporate bonds, however, are not subject to this restriction.",
       "source_date": "2026.03.26",
       "reason": "review PARTIAL: PARTIAL\n\nThe excerpt mentions that issuers of straight corporate bonds (subparagraph 1) benefit from a shorter effective registration period (7 business days), implying they are subject to different r"
      }
     ],
     "reason": "objects that did not verify (each with its reason)",
     "selection_rule": "none — unresolved"
    }
   },
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    "read_at": "2026-10-31T02:27:03Z",
    "pages_checked": [
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     "https://law.moj.gov.tw/ENG/LawClass/LawParaDeatil.aspx?pcode=J0170001&bp=9",
     "https://www.law.cbc.gov.tw/ELaw/RelateLawShowAll?lawId=LA01001005&LawIDRelate=LA04C014000",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2805",
     "https://twse-regulation.twse.com.tw/EN/law/DAT08_word.aspx?FLCODE=FL007530",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=1598",
     "https://www.fsc.gov.tw/fckdowndoc?file=/The%20Financial%20Regulatory%20Directory(1).pdf&flag=doc",
     "https://www.cbc.gov.tw/en/public/Attachment/21128165102.pdf",
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598"
    ]
   },
   {
    "name": "sources",
    "value": [
     {
      "title": "Financial Consumer Protection Act",
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      "date": "2023.12.06"
     }
    ],
    "read_at": "2026-10-31T01:50:26Z",
    "pages_checked": [
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
     "https://law.moj.gov.tw/ENG/LawClass/LawAll.aspx?pcode=G0380226",
     "https://law.moj.gov.tw/ENG/LawClass/LawParaDeatil.aspx?pcode=J0170001&bp=9",
     "https://www.law.cbc.gov.tw/ELaw/RelateLawShowAll?lawId=LA01001005&LawIDRelate=LA04C014000",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2805",
     "https://twse-regulation.twse.com.tw/EN/law/DAT08_word.aspx?FLCODE=FL007530",
     "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=1598",
     "https://www.fsc.gov.tw/fckdowndoc?file=/The%20Financial%20Regulatory%20Directory(1).pdf&flag=doc",
     "https://www.cbc.gov.tw/en/public/Attachment/21128165102.pdf",
     "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1598"
    ],
    "source_url": "https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2604",
    "source_date": "2023.12.06"
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    "https://law.fsc.gov.tw/EngLawContent.aspx?media=print&lan=E&id=2868": {
     "status": 200,
     "sha256": "sha256:f1d29890a3454a78c5ad4be422115fb87d4fc8659e196d317b4d73cc5ec7e123",
     "read_at": "2026-10-31T20:08:06Z",
     "last_modified": null
    },
    "https://resourcehub.bakermckenzie.com/en/-/media/asia-pacific-regulatory-landscape-and-issues-in-ba/files/baker-mckenzie---ap-insurance-consumer-protection-guide.pdf?rev=5704570573264917832f9078cd383fd0&sc_lang=en": {
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     "last_modified": "Tue, 14 Nov 2023 13:45:05 GMT"
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    "https://law.fsc.gov.tw/EngLawContent.aspx?media=downloadPDF&lan=E&id=1670": {
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    }
   },
   "counts": {
    "filled": 2,
    "not_found": 1,
    "conflict": 0,
    "inferred": 0,
    "kept": 0,
    "unstructured": 0
   },
   "notes": {
    "client_categories": "not stated on the pages read · held value superseded",
    "distribution_conditions": "11 object(s) verified",
    "required_assessments": "4 object(s) verified, 1 not"
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