Implementation Rules for the Internal Audit and Internal Control System of Specialized Electronic Payment Institutions Article 32

A specialized electronic payment institution shall establish advisory and communication channels for compliance related matters to keep employees informed of relevant rules and regulations, swiftly clarify any questions its employees may have on compliance matters, and ensure regulatory compliance.The compliance unit of a specialized electronic payment institution shall analyze the causes of significant deficiency or fraud in compliance related matters within respective unit, and propose suggestions for improvement. The report produced thereof shall be signed off by the president and then submitted to the board of directors for approval.