Regulations Governing Permission and Administration of Securities and Futures Business Dealings and Investment Between the Taiwan Area and the Mainland Area Article 15

The Taiwan-area securities or futures institution or third-region subsidiary of Article 12, paragraph 1, after establishing a representative office in the Mainland Area, shall comply with the following provisions:1. Any occurrence of a major contingent event or fraudulent practice at a representative office shall be handled and reported in accordance with the regulations of the competent authority.2. Full and accurately updates shall be provided for any change in relevant information on the representative office reported through the competent authority's designated information reporting website.3. Prior to a change in representatives, documentation of a new representative's compliance with the provisions of Article 12 shall be submitted to the competent authority for permission.4. A change in the representative office's location shall be reported in advance to the competent authority for recordation.If the representative office of the preceding paragraph is to be closed, the closing shall be reported to the competent authority for permission prior to making any application for its closure in the Mainland Area, and when permission is granted by the competent securities and futures authority of the Mainland Area, it shall be immediately reported to the competent authority. Prior to closing a representative office, the Taiwan-area securities or futures institution shall submit the letter of approval from the Mainland Area's competent securities and futures authority and the planned date of closing to the competent authority for recordation.