Implementation Rules for the Internal Audit and Internal Control System of Specialized Electronic Payment Institutions Article 21

A specialized electronic payment institution shall file the data on its internal auditors with the competent authority for record before the end of January every year via a web-based information system and in a format prescribed by the competent authority.When filing the basic data of internal auditors according to the preceding paragraph, a specialized electronic payment institution shall verify whether these auditors have met the requirements stipulated in Paragraph 2 of Article 13 and the preceding article herein. If an internal auditor fails to meet the requirements, the auditor shall take remedial actions within two months, or else be reassigned to another job.