英文摘要 |
The Constitutional Court’s judgment clarifies that“the Securities and Exchange Act is an economic criminal law, it should comply with the constitutional requirements.”Therefore, the general provisions of the Criminal Code shall apply to the Securities and Exchange Act unless otherwise provided. The Securities and Exchange Act enacted by the legislature and the regulation authorized therefrom belong to the penal regulations in the field of economic criminal law, they shall comply with Nulla Poena Sine Lege, and the Principle of Clarity of Punishment and the Principle of Explicit Delegation derived therefrom. Whether Taiwan Depositary Receipts (TDRs) are securities under the Securities and Exchange Act, and whether TDRs should become, or when TDRs had already become the object under the Securities and Exchange Act, and the complexity of the involving types of blank authorization guidance models, are important constitutional issues that affect human rights. |