Regulations Governing the Operation of Futures Introducing Broker Business by Securities Firms Article 14

For a securities firm that applies for operation of futures introducing broker business by its branch office, the head office shall also engage in futures introducing broker business, and such firm shall submit the following documents to apply with the FSC for permission. However, a financial institution that concurrently engages in securities brokerage business shall also submit the approval documents issued by the competent authority in charge of said enterprise:1. Application;2. Business plan, stating principles of business operation for the futures introducing broker business of its branch office, internal organization and division of labor, personnel recruitment and training, and overview of business floor and equipment;3. Minutes of board of directors or governors meeting or shareholders meeting;4. The internal control system for operation of futures introducing broker business. However, exemption from submission shall be granted when the internal control system is the same as was attached with the previous application for futures introducing broker operations by a branch office.;5. Latest financial reports audited and attested or reviewed by certified public accountants;6. Supporting documents that the applicant meets the requirement in subparagraph 4 of Article 10;7. A case checklist; and8. Other documents as required by the FSC.