Regulations Governing Responsible Persons and Associated Persons of Securities Investment Trust Enterprises Article 6-4

A SITE, by 31 December 2022, shall allocate a sufficient number of competent risk management personnel based on its business size and business conditions.A risk management officer or associated person who fails to meet the qualification requirements set out in Article 4, Article 4-1 or Article 6 or to comply with the restrictions on concurrent holding of positions set out in Article 8 paragraph 1, shall correct the failure by 31 December 2022, failing which, such a person may not serve in that position and the SITCA shall void the registration of that person.