Regulations Governing the Operation of Securities Introducing Broker Business by Futures Commission Merchants Article 9

A securities introducing broker shall adopt an internal control system in accordance with the Regulations Governing the Establishment of Internal Control Systems by Service Enterprises in Securities and Futures Markets, prescribed by the competent authority, and the Rules Establishing Standards for the Internal Control Systems of Securities Introducing Broker Businesses Operated by Futures Commission Merchants, jointly prescribed by the TWSE and other securities-related institutions.A securities introducing broker shall operate in accordance with laws and regulations, its articles of incorporation, and the internal control system of the preceding paragraph.The adoption and amendment of the internal control system of paragraph 1 shall be reported to and approved by the board of directors, and a copy retained for inspection; when the competent authority or another securities-related institution requires revision within a prescribed period of time, the revision shall be made within that period.