Regulations Governing Managed Futures Enterprises Article 23
A managed futures enterprise that agrees to conduct discretionary futures trading for a principal shall enter into a mandate contract for discretionary futures trading with the principal, and deliver a copy of the contract to the custodian institution.The mandate contract for discretionary futures trading referred to in the preceding paragraph shall set forth the following:1. The names and addresses of the parties to the contract.2. The managed futures enterprise's obligation to provide notice and explanations prior to the signing of the contract, pursuant to the provisions of the preceding article.3. The conditions and time limits under which the contract may be rescinded after signing.4. The discretionary assets submitted for management when the discretionary trading mandate is given.5. Stipulations and amendments regarding basic trading and investment policies, and the scope of trading and investment. The scope of trading and investment shall also list the types or names of the subjects of futures trading and futures-related spot commodity investments.6. The granting of and any limitations on the right to make and execute trading decisions.7. The granting of and any limitations on the right to give instructions regarding utilization of the discretionary assets.8. The names of the personnel making discretionary trading decisions and their deputies.9. Stipulations regarding designation of the custodian institution and its execution of related matters.10. The agreement regarding the futures broker and securities broker that are retained; if a counterparty of the agreement and the managed futures enterprise have any relationship of mutual investment or control or subordination, it shall be disclosed in the contract.11. Confidentiality obligations and the duty of care of a good custodian.12. Reporting obligations.13. The fees that shall be borne by the principal, including compensation of the managed futures enterprise, and the means of calculation and the time and method of payment of the same.14. The date on which the contract takes effect and its effective term.15. Provisions for amendment to and termination of the contract.16. The obligation to provide notification in the event of major changes and the means of notification.17. Provisions regarding settlement obligations after termination of the mandate relationship.18. Provisions regarding handling of breach of contract.19. Provisions for dealing with bankruptcy or dissolution, or dispositions requiring suspension of business or voidance or revocation of the business permission.20. Provisions for dispute resolution and the relevant jurisdictional court.21. Other necessary provisions in regard to the rights and obligations of the parties to the contract.At the time the principal signs the contract, it shall deliver in full the discretionary assets referred to in subparagraph 4 of the preceding paragraph to the custodian institution to handle related matters; it shall do likewise when any discretionary assets are added.The basic trading and investment policies and the scope of trading and investment referred to in subparagraph 5 of paragraph 2 shall be carefully drafted, taking into account the principal's financial resources, trading experience and objectives, and any statutory or regulatory restrictions.The right to give instructions regarding the utilization of discretionary assets referred to in subparagraph 7 of paragraph 2 involving the utilization and scope of, and the qualifications for trading counterparties and investment vehicles for, idle funds shall be determined by the Competent Authority.If the managed futures enterprise is concurrently operated by a futures broker, that futures broker may not be retained as the retained futures broker or securities broker as referred to in paragraph 2, subparagraph 10. However, this restriction shall not apply if the principal is clearly advised of the relevant risks and conflicts of interest and measures to control them, and consent from the principal is obtained in writing and separate from the contract."Compensation of the managed futures enterprise," as used in subparagraph 13 of paragraph 2, may include incentive fees collected in accordance with the regulations of the Competent Authority.Termination of the contract as referred to in paragraph 2, subparagraph 15 may be effected at any time during the term of the contract upon written notice from the principal; termination by the consignee shall be effected through written notice to the principal one month prior to termination.In regard to the methods for dispute resolution as referred to in subparagraph 20 of paragraph 2 and the mandate contract for discretionary futures trading, the CNFA shall adopt regulations governing mediation procedures and draft a contract template, which shall be submitted to the Competent Authority for recordation; the same shall apply for any amendments thereto.The mandate contract for discretionary futures trading and the related materials referred to in paragraph 1 shall be retained for a period of five years after the extinguishment of the mandate relationship, provided that where a dispute occurs, they shall be retained until the resolution of the dispute.
中文原文 期貨經理事業管理規則第23條
期貨經理事業接受委任人全權委託期貨交易，應與委任人簽訂期貨交易全權委任契約，並將契約副本送交保管機構。
前項期貨交易全權委任契約，應記載下列事項：
一、契約當事人之名稱及地址。
二、簽約前期貨經理事業依前條規定之告知說明義務。
三、簽約後可要求解約之事由及期限。
四、全權委託時之委託資產。
五、交易或投資基本方針及交易或投資範圍之約定與變更，交易或投資範圍並應列明期貨交易、期貨相關現貨商品投資之種類或名稱。
六、交易決定及執行權之授與及限制。
七、全權委託資產運用指示權之授與及限制。
八、全權委託交易決定人員及其代理人之姓名。
九、保管機構之指定及辦理相關事項之約定。
十、受託期貨經紀商及證券經紀商之約定；約定對象如與期貨經理事業有相互投資關係或控制與從屬關係者，應於契約中揭露。
十一、善良管理人之注意義務及保密義務。
十二、報告義務。
十三、委任人應負擔之費用項目、計算方法、給付方式及時間，包括期貨經理事業之報酬。
十四、契約生效日期及其存續期間。
十五、契約之變更與終止。
十六、重要事項變更之通知及其方式。
十七、委任關係終止後之了結義務。
十八、違約處理條款。
十九、經破產、解散、停業、撤銷或廢止營業許可處分後之處理方式。
二十、紛爭之解決方式及管轄法院。
二十一、其他與當事人權利義務有關之必要記載事項。
前項第四款全權委託資產，應由委任人於簽約時一次全額交由保管機構辦理相關事項；增加委託資產時，亦同。
第二項第五款交易或投資基本方針與交易或投資範圍，應參酌委任人之資力、交易經驗、交易目的及法令限制，審慎議定之。
第二項第七款全權委託資產之運用指示權，涉及閒置資金之運用、範圍、交易對象及標的物應符合之條件，由主管機關定之。
第二項第十款約定之受託期貨經紀商或證券經紀商，如由期貨經紀商兼營期貨經理事業者，不得約定本事業為受託期貨經紀商或證券經紀商。
但如明確告知委任人相關風險、利益衝突及控管措施，並以契約以外之單獨書面取得委任人同意者，不在此限。
第二項第十三款所定期貨經理事業之報酬，得依主管機關規定收取績效報酬。
第二項第十五款契約之終止，委任人於契約存續期間內，得隨時以書面終止契約；受任人終止契約應於一個月前以書面向委任人為終止之通知。
第二項第二十款紛爭之解決方式及期貨交易全權委任契約，由同業公會訂定紛爭調解處理辦法及契約範本，申報主管機關備查；其修正時亦同。
第一項之期貨交易全權委任契約及相關資料，應自委任關係消滅之日起，保存五年。
但有爭議者，應保存至該爭議消除為止。
前項期貨交易全權委任契約，應記載下列事項：
一、契約當事人之名稱及地址。
二、簽約前期貨經理事業依前條規定之告知說明義務。
三、簽約後可要求解約之事由及期限。
四、全權委託時之委託資產。
五、交易或投資基本方針及交易或投資範圍之約定與變更，交易或投資範圍並應列明期貨交易、期貨相關現貨商品投資之種類或名稱。
六、交易決定及執行權之授與及限制。
七、全權委託資產運用指示權之授與及限制。
八、全權委託交易決定人員及其代理人之姓名。
九、保管機構之指定及辦理相關事項之約定。
十、受託期貨經紀商及證券經紀商之約定；約定對象如與期貨經理事業有相互投資關係或控制與從屬關係者，應於契約中揭露。
十一、善良管理人之注意義務及保密義務。
十二、報告義務。
十三、委任人應負擔之費用項目、計算方法、給付方式及時間，包括期貨經理事業之報酬。
十四、契約生效日期及其存續期間。
十五、契約之變更與終止。
十六、重要事項變更之通知及其方式。
十七、委任關係終止後之了結義務。
十八、違約處理條款。
十九、經破產、解散、停業、撤銷或廢止營業許可處分後之處理方式。
二十、紛爭之解決方式及管轄法院。
二十一、其他與當事人權利義務有關之必要記載事項。
前項第四款全權委託資產，應由委任人於簽約時一次全額交由保管機構辦理相關事項；增加委託資產時，亦同。
第二項第五款交易或投資基本方針與交易或投資範圍，應參酌委任人之資力、交易經驗、交易目的及法令限制，審慎議定之。
第二項第七款全權委託資產之運用指示權，涉及閒置資金之運用、範圍、交易對象及標的物應符合之條件，由主管機關定之。
第二項第十款約定之受託期貨經紀商或證券經紀商，如由期貨經紀商兼營期貨經理事業者，不得約定本事業為受託期貨經紀商或證券經紀商。
但如明確告知委任人相關風險、利益衝突及控管措施，並以契約以外之單獨書面取得委任人同意者，不在此限。
第二項第十三款所定期貨經理事業之報酬，得依主管機關規定收取績效報酬。
第二項第十五款契約之終止，委任人於契約存續期間內，得隨時以書面終止契約；受任人終止契約應於一個月前以書面向委任人為終止之通知。
第二項第二十款紛爭之解決方式及期貨交易全權委任契約，由同業公會訂定紛爭調解處理辦法及契約範本，申報主管機關備查；其修正時亦同。
第一項之期貨交易全權委任契約及相關資料，應自委任關係消滅之日起，保存五年。
但有爭議者，應保存至該爭議消除為止。