Securities Investment Trust and Consulting Act Article 7

Securities investment trust enterprises, securities investment consulting enterprises, fund custodians, discretionary investment custodians, and their directors, supervisors, managerial officers, and employees, shall conduct business in good faith and with the duties of due care, diligence, and fidelity as good administrators, in accordance with this Act and with regulations and contracts authorized and issued or entered into under this Act.Enterprises, institutions, and personnel referred to in the preceding paragraph shall keep confidential the personal data, transaction data, and other related information of beneficiaries and customers, except where otherwise provided by another act or regulation or the Competent Authority.Anyone who violates a provision of the preceding two paragraphs shall be liable for compensation for resultant damage incurred by a beneficiary or contractual counterparty of the securities investment trust fund.