Regulations Governing Futures Trust Enterprises Article 47-1

A futures trust enterprise, by 31 December 2022, shall allocate a sufficient number of competent risk management personnel based on its business size and business conditions.A risk management officer or associated person who fails to meet the qualification requirements set out in Article 44, Article 45, or Article 47 or to comply with the restrictions on concurrent holding of positions set out in Article 50, paragraph 3, shall correct the failure by 31 December 2022, failing which, such a person may not serve in that position and the Association shall void the registration of that person.