On Apr. 15, TAI FEX revised the internal control system guidelines.
TAI FEX revised Internal control system guidelines for futures commission merchants and Operation of futures introducing broker business by securities firms.
Document dated Apr. 15, 2025, received from TAI FEX Apr. 16, summarized Apr. 18.
Revised Standards
The revised standards serve as the minimum required internal control measures, and firms should adjust them based on their scale and business scope.
Firms involved in foreign futures sub-brokerage services must establish additional internal control in compliance with relevant regulations, obtain board approval.
Briefing Session
Briefing session series will be held to explain revisions, provide guidance on AML/CFT.
These sessions are mandatory for internal auditors and self-audit personnel.
Effectiveness
All firms must implement the revised guidelines by Jul. 1, 2025.
