Regulations Governing the Internal Controls and Audit System for Postal Remittances and Savings Article 12

Where Chunghwa Post makes any concealment of poor internal management, unsatisfactory internal controls, inadequate implementation of the internal audit system and regulatory compliance system, or the results of implementation of improvement of any deficiency specified by a financial examination agency in an examination opinion requiring review and follow-up, or the audit unit otherwise conceals any audit findings, and where such concealment constitutes significant malpractice, the personnel involved shall be held responsible for negligence in their duties. Chunghwa Post shall commend an auditor who identifies any significant malpractice or negligence and thereby averts material loss to the company.