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Taiwan Tati Cultural and Educational Foundation

NPP calls for disclosure of companies’ owners


From right, National Chengchi University College of Law professor Faung Kai-lin yesterday speaks at a news conference in Taipei as New Power Party (NPP) Executive Chairman Huang Kuo-chang, NPP caucus convener Hsu Yung-ming, and National Taipei University law professor Chen Yen-liang listen.
Photo: Fang Pin-chao, Taipei Times

The New Power Party (NPP) and civic group representatives yesterday called for rules requiring companies to disclose their beneficial owners and allowing minority shareholders to bring direct actions against board members ahead of a legislative review of draft amendments to the Company Act (公司法) planned for today.

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Taiwanese unwilling to identify as Chinese

During an exclusive interview with Agence France-Presse late last month, President Tsai Ing-wen (蔡英文) called on the international community to constrain “China” together.

Former National Security Council secretary-general Su Chi (蘇起) commented that as Tsai used the word “China,” and not the phrase “mainland China,” she revealed her concept of “one country on each side.”

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Hong Kong a warning for Taiwanese

The annual July 1 march took place in Hong Kong on Sunday to mark the 21st anniversary of Britain’s handover of the territory to China in 1997. The march, an important barometer of public sentiment in Hong Kong, has suffered from dwindling participation over the past few years, with turnout down again this year. The organizer, the Civil Human Rights Front, said 50,000 people attended, while the police put the figure at 9,800 — either way, they are the lowest figures on record.

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Assets issue reveals the ignorance of judges

On Tuesday next week, the Judicial Yuan is to decide whether it would issue a constitutional interpretation for the Act Governing the Settlement of Ill-gotten Properties by Political Parties and Their Affiliate Organizations (政黨及其附隨組織不當取得財產處理條例), following a complaint by the Control Yuan.

Ever since the promulgation of the act, people from the party-state elite and vested interests have said it is unconstitutional, ignoring that the legislation follows Germany’s transitional justice laws.

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Newsflash

US President Barack Obama’s administration is weighing fresh arms sales to Taipei as part of a sweeping effort to deter any Chinese attack on Taiwan, administration officials told the US Congress on Tuesday.

Such supplies would be on top of plans sent to Congress on Sept. 21 to sell Taiwan US$5.85 billion in new hardware and defense services, including upgrades for its 145 F-16A/B aircraft, bought in 1992.

Beijing deems arms sales to Taiwan a grave interference in its domestic affairs and the biggest obstacle to improved relations between the world’s two largest economies.