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Article 5
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A securities firm shall adopt an internal control system pursuant to the provisions relating to fund brokerage business set out in the Standard Directions for the Internal Control Systems of Securities Firms adopted by the TPEx and submit it for approval by its board of directors and shall comply with Articles 21 to 24 and Article 36-2, paragraph 2 of the Regulations Governing the Establishment of Internal Control Systems by Service Enterprises in Securities and Futures Markets.
A securities firm's operation of the business under these Rules shall comply with laws and regulations, its articles of incorporation, and the internal control system referred to in the preceding paragraph.
Whenever the TPEx gives notice to make any amendments to the internal control system referred to in paragraph 1, the securities firm shall make the amendments within the specified time limit.
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