On Jul. 1, TAI FEX revised rules re internal control of futures traders.
TAI FEX made amendments to several rules, including Establishment of an information and communications security inspection system for futures commission merchants.
Regulations providing standards for internal control systems of futures commission merchants adopted by futures-related agencies, and Internal audit implementation rules.
Amendments
To enhance uninterrupted operation of futures traders, by Dec. 31, 2024, traders must reassess and comply with minimum standards for tolerable downtime of core systems.
Companies must revise internal control systems, obtain board approval accordingly.
