SECURITIES ANALYSTS ASSOCIATION, CHINESE TAIPEI

 

 

CONTACT DETAILS

Postal and Office Address
9F,3,Nan Hai Rd.,
Taipei,Taiwan,R.O.C.100

 


 

 


Tel: 886 2 2327 9522
Fax: 886 2 2327 8165

Email (General): tsaa@mail.gretai.org.tw

Website: http://www.tsaa.org.tw

 

BOARD OF DIRECTORS AND STAFF

 

Chairman
Kung-Wha Ding

Directors
Kung-Wha Ding
Gordon S.Chen
Jaw-Chyuan Chu
Daung-Yen Lu
Francis Tu
Yu-Jane Liu
Soushan Wu
Chung-Kai Wang
Chin-Lung Tu
Allen Chu
Michael L.C.Jong
Chung-Chien Kuo
Jim Y. Huang
Cheng-En Chang
Roger Ko-Han Lin

Supervisors
Fortune Ju
Samuel J.S.Hsu
Chough-Nan Chen
Fan Kang
Chimin Tsai

Staff
Ching-Po Chiu
Secretary General
chingpo@sfi.org.tw

Gerald Lin
Deputy Secretary General
Gerald@sfi.org.tw

Dickson Yang
tsaa@sfi.org.tw

 
OBJECTIVES
 
 

The Securities Analysts Association, Chinese Taipei is a non-profit organization. Its goals are to take part in securities-related academic studies, to foster the securities analysts’ education so as to promote investments in Chinese Taipei securities market and to enhance the international interchange of ideas for the benefit of national economic development.

 
HISTORY AND DEVELOPMENTS
 
 

The key to a securities market with stable and future development is basically to have a group of top quality securities analysts who receive continuous training and advanced education in the field of securities investment. Having foreseen this point and also observed that most of the developed countries in the world fully supported fostering the excellence of securities analysts by setting up a national society and by developing international affiliations as well, the Securities Analysts Association, Chinese Taipei was established in 1984, and approved by the government in the same year.

Thanks to all the hard work and outstanding leadership of former chairmen, the Association has continuously grown and expanded, attaining prominent status in Chinese Taipei’s financial community. It has made every endeavor in fostering the excellence of securities analysts and promoting securities investment. To make concrete contributions to the development of the economy, it has been holding regular seminars, workshops, educational courses and related activities and introducing profound experiences, especially with respect to liberalization and internationalization, of foreign capital markets which have served as reference points for the securities market and the government to make new policies. The Association has successfully disseminated understanding of our economic situation and investment opportunities worldwide via continuous communication and by inviting foreign specialists from well-known investment organizations to visit Chinese Taipei, and will keep on doing so in the future.

The following is a list of the past and present chairmen of the Association:
 

Chairman Period Terms
Mr. Chen-Sung Chang 17 December 1984 – 19 June 1989 4 .5 years
Mr. Yi-Fu Lin 20 June 1989 – 18 March 1993 4 years
Mr. Hsiao-Feng Chao 19 March 1993 – 7 April 1997 4 years
Dr. Min-Juh Hwang 8 April 1997 – 30 March 1999 2 years
Mr. C.Y. Lee 31 March 1999 – 2 April 2003 4 years
Mr. Y. S. Lee 3 April 2003 – 24 April 2007 4 years
Mr. Kung-Wha Ding 25 April 2007 – Present  

 
ORGANISATIONAL STRUCTURE
 

 
MEMBERSHIP AND REQUIREMENTS
 
 

As of March 2007, the Association had 394 members, including 282 individual and 58 organizational members.

INDIVIDUAL MEMBERSHIP

An individual of Taiwan, aged over 20, recommended by not less than two members and approved by the Board of Directors, and qualifying under any one of the following criteria, may become an individual member:

  • Having passed the examination or appraisal sponsored by the competent authority in charge of securities, or examination for certified public accountants.
  • Having served in a university/college with the minimum rank of instructor, or in a research institution with the minimum rank of research assistant, and having engaged in teaching or research-related economic or business fields.
  • Having graduated from a university/college, or having passed examinations for higher (specific) courses and engaged in securities, banking or insurance-related jobs.
  • Having graduated from a senior high school, and having served as a securities, banking or insurance executive, or as a financial executive of a listed company for more than three years.

ORGANIZATIONAL MEMBERSHIP

A stock exchange, securities firm, securities and banking firm, trust and investment company, securities investment company, investment consulting company, bank, insurance company, credit co-operative, listed company or other related organizations in favor of the purposes of the Association, recommended by two members and approved by the Board of Directors, may become an organizational member. Each member may appoint two representatives to take part in activities held by the Association.

HONORARY MEMBERSHIP

A person having made a contribution to securities analysis, nominated by the Chairman and approved by the Board of Directors, may become an honorary member. Tenure of office is the same as for directors and supervisors, and is renewable. However, an honorary member has no right to vote or to be elected to office.
 

MEMBERSHIP FEES
  Initial Fee Annual Fee
Individual Member NT$1,000 NT$500
Organizational Member NT$10,000 NT$4,000
Honorary Member - -
(NT$33=US$1, Date: Mar.2007)

BREAKDOWN OF MEMBERSHIP
  Individual Members % Organizational Members %
Securities firms 150 53.2 24 41.4
Banks 27 9.6 9 15.5
Investment advisory co. 17 6.0 9 15.5
Investment trust co. 9 3.2 10 17.2
Insurance companies 4 1.4 2 3.5
Academic institutions 12 4.3 - -
News media 2 0.7 - -
Trust companies 22 7.8 - -
Listed companies 26 9.2 3 5.2
Others 13 4.6 1 1.7
Total 282 100.0 58 100.0

 
PROGRAMS
 
 

In 2006, the Association held the following programs:

  1. Three visits to listed companies and their factories in Chinese Taipei, covering industries such as mechanics, electronics and ocean vessel company.
  2. Two seminars on specific issues about how to improve analysts certificate system and to confer CIIA certificate ceremony.
  3. Holding twice CIIA examinations on Mar. and Sep. separately and 10 persons have passed the exam.
  4. Attending the ASAF 2006 Conference in Seoul on Nov. 8-10 2006, with a group of members led by Chairman Yung.San.Lee.
 
 
OUR PLANS FOR YEAR 2007
 
 
  1. Attend Asia Securities Analyst Federation 2007 annual meeting and other related meetings
  2. Hold formal and semi-formal meetings and parties to encourage more participation among members
  3. Present our members with information and publications concerning securities and investment analysis from other international securities analyst associations; interact more frequently with the aforementioned organizations
  4. Participate in the ASAF activities and enhance more connection and cooperation with other member countries
  5. Take steps to introduce and promote the CIIA exam, Certificated International Investment Analyst, in Chinese Taipei and build up the accreditation system; For increase relationship with ACIIA and her members,ACIIA Council Meeting will be held in Taipei on November.
  6. Hold conferences regarding equity investment practice and theory for the improvement of analysis quality
  7. Familiarize our members with the domestic investment environment by holding conferences and field trip to lately developed industries by listed companies and companies traded in the emerging market
  8. Conduct project survey and research
  9. Provide our members with more access to international seminars relating financial analysis and securities investment
  10. Publish Securities Analyst Association Journal
 
 
PUBLICATIONS
 
 

Securities Analyst Association Journal

The Association publishes a journal, the Securities Analysts Association Journal. The 23rd issue was published in March 2007.