Regulations Governing the Security Maintenance and Administration of Financial Institutions Article 4

The financial institution shall designate a high-level executive (or an officer authorized by the head office in the case of a branch of a foreign bank in Taiwan) to be the convenor of the security supervision taskforce referred to in Paragraph 2 of the foregoing article to supervise over the execution of security operations and security check, security education and training as well as periodic security drills.