independent director, in the case of a central securities depository; (2) adopt an effective internal control system and an efficient, independent audit system. In addition, a securities clearing house shall
revision process. The final Draft Act will be submitted according to the National Legislative Council's procedure in due course.?In addition to the legislation, the SEC is simultaneously working to remove
announced in due course. To increase choices of offer for sale of structured products, the SEC has issued rules to facilitate issuance of debentures with complex features apart from the already governed
will be announced in due course. To increase choices of offer for sale of structured products, the SEC has issued rules to facilitate issuance of debentures with complex features apart from the already
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