| Article 20 |
A public company engaging in derivatives trading shall adopt the following risk management measures:<br/>1. Risk management shall address credit, market, liquidity, cash flow, operational, and legal risks.<br/>2. Personnel engaged in derivatives trading may not serve concurrently in other operations such as confirmation and settlement.<br/>3. Risk measurement, monitoring, and control personnel shall be assigned to a different department that the personnel in the preceding subparagraph and shall report to the board of directors or senior management personnel with no responsibility for trading or position decision-making.<br/>4. Derivatives trading positions held shall be evaluated at least once per week; however, positions for hedge trades required by business shall be evaluated at least twice per month. Evaluation reports shall be submitted to senior management personnel authorized by the board of directors.<br/>5. Other important risk management measures. |
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