Regulations Governing Permission and Administration of Securities and Futures Business Dealings and Investment Between the Taiwan Area and the Mainland Area Article 24-11

When a Taiwan-area securities firm or its third-region subsidiary has invested in a Mainland-area securities or futures institution subsidiary after receiving permission from the competent authority, the Taiwan-area securities firm shall do the following:1. Submit to the competent authority, within 15 days after the end of each quarter, an operations report on the Mainland-area securities or futures institution (including status of operations, revenues and expenditures, and a benefit assessment) and an internal audit report.2. Submit, along with the monthly accounting summary, a report on the operational status of the Mainland-area securities or futures institution subsidiary.3. Within 2 days from the date of submitting the annual financial report audited and attested by a CPA to the competent Mainland-area securities and futures authority, submit the financial report for that fiscal year to the competent authority.4. Within 2 days from the date of receiving the financial examination report prepared by the competent Mainland-area securities and futures authority, submit the examination report and any related materials to the competent authority.5. Report basic information on the Mainland-area securities or futures institution subsidiary through the competent authority's designated information-reporting system, and scrupulously update the information in the event of any change.6. Submit any other information or documentation required pursuant to the regulations of the competent authority.