Implementation Rules of Internal Audit and Internal Control System of Financial Holding Companies and Banking Industries Article 42

The internal audit unit shall continually conduct follow-up reviews on any examination opinions or audit deficiencies brought up by the financial examination authority, CPA and internal audit unit (including the internal audit unit of the parent company), as well as matters specified in the internal control system statement as requiring stronger improvement efforts, and submit a written report on the implementation of improvement of deficiencies to the board of directors, together with a copy to the supervisors (supervisors, the board of supervisors), and list these as an important factor in the relevant department's performance evaluations.The major points of audit task for a financial holding company or a banking business shall be prescribed by the competent authority.