Standards Governing the Establishment of Futures Commission Merchants Article 45

Futures commission merchants or other enterprises that concurrently operate futures business and apply for the addition of new business types shall apply to the FSC by furnishing the following documents:1. an application form;2. articles of incorporation, or equivalent documents;3. a business plan stating: operation principles for the additional business types, method of risk management, the division of responsibilities among the applicant's internal departments, personnel recruiting and training, a general description of its business facilities, and financial forecasts for the current year and the next year;4. minutes from meetings of the of board of directors or board of trustees;5. [a description of the] internal control system for the additional business types;6. the financial report for the most recent period, audited and attested by a certified public accountant;7. where the applicant is a domestic securities firm, documents showing compliance with the provisions of Article 24, paragraph 6;8. documents showing compliance with the provisions of Article 43, paragraph 5;9. a case check-list form; and10. other documents required by the regulations of the FSC.