Regulations Governing Approval and Administration of Short-term Bills Clearing and Depository Organizations Article 25

A short-term bills clearing and depository organization shall establish individual or consolidated operating regulations for the following matters and report to both the competent authority and the Central Bank for reference; the same procedure shall be required for amendments:1. Business hours;2. Opening and closing of accounts by participants;3. Issuance and registration of short-term bills in dematerialized form;4. Categories and operation methods for the custody of short-term bills in physical form;5. Submission short-term bills in physical form for retention and retrieval of unredeemed bonds upon expiry;6. Transaction settlement and pledge operations of short-term bills and book-entry transferthereof;7. Account statement and account settlement operations for the settlement of short-term bills;8. Notifications for the maturity of short-term bills and redemption;9. Procedures for addressing damage, loss, or destruction of short-term bills in physical form;10. Processing for addressing the transmission, processing, defects, or errors of the custody and settlement of short-term bills;11. Backup plans including backup measures and response measures for cases where transmission, exchanges, or processing must be suspended;12. Internal control system;13. Other matters related to business operations.