Regulations Governing Financial Technology Innovative Experimentation Article 17
The contract entered between the applicant and participants shall contain the following particulars:The scope, important content, duration, and potential associated risks of the innovative experimentation, disclosure of transaction information and the number of approval document issued by the competent authority;Where the products or services in the experimentation involves investment or utilization of funds, there shall be no guaranteed performance or income;Rights and obligations of the applicant and the participants, including the applicant's responsibilities towards the participants described under Article 20 to Article 22 of the Act;Mechanisms for participating in and withdrawing from the innovative experimentation;Protection and return measures for funds associated with funds received by the applicant and applicant's payment obligation, and informing the participants that funds received will not be protected by deposit insurance or Insurance Guaranty Fund;Complaint, dispute handling and compensation mechanism; andOther matters designated by the competent authority.The applicant shall inform the participants of related matters in accordance with Article 8 of the Personal Information Protection Act.