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Article 20
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A securities firm shall ensure that the applicant company meets the conditions set out in all of the following subparagraphs before disclosing on the crowdfunding platform the basic information of the company and information about a cash capital increase.
- The company has established an internal control system and the internal control system has been effectively implemented.
- The accounting treatment complies with the Business Entity Accounting Act.
- There is no substantial doubt about the integrity and good faith of the company, and its directors, supervisors, and general manager.
- Any other matter as prescribed by the TPEx.
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