Regulations Governing Futures Trust Enterprises Article 17

Upon completion of company registration, a futures trust enterprise shall deposit an operating bond of NT$25 million with a financial institution designated by the competent authority.The financial institution referred to in the preceding paragraph shall be a bank that is approved by the competent authority to operate custodial business, and meets the conditions prescribed by the competent authority.The operating bond referred to in paragraph 1 shall be deposited in the form of cash, government bonds, or securities with a credit rating at a specific level or higher from a credit rating agency approved or recognized by the competent authority.The futures trust enterprise may not deposit in divided custody, report loss of, or otherwise cancel the deposited operating bond, nor may any security interest be created on any asset or underlying of the deposit or on the custody receipt therefor, nor, without the approval of the competent authority, may any asset or underlying of the deposit be withdrawn or replaced.