Taiwan 2015 Proxy Season Preview


  • The meeting concentration for the 2015 Taiwan proxy season will be similar to that of the 2014 season, with approximately 95 percent of all AGMs expected to be held in June.
  • The Financial Supervisory Commission is moving ahead with requiring companies to establish independent directors and audit committees.
  • The mandatory adoption of e-voting for medium to large companies, and wider adoption of the nomination election system are both improvements to shareholder voting procedures.
  • No major changes have been made to ISS policy in 2015. There is only a clarification on ISS treatment of the disclosure of proposals regarding the release of restrictions on competitive activities of directors, which has been added to the revised policy.

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