A securities firm operating securities business in violation of these Regulations shall be subject to the punishment under the Act.

If a securities firm is a foreign company's branch within the territory of the Republic of China (ROC), unless otherwise provided by the FSC, the matters that under these Regulations are required to be handled by the board of directors or supervisors shall be handled by the responsible persons of the ROC branch who are authorized by the head office or regional headquarters of the foreign company.

These Regulations shall enter into force from the date of issuance, with the exception of Articles 16 and 47 as amended and issued on 11 October 2012, which shall enter into force from the fiscal year of 2013, and of Articles 37 and 37-1 as amended and issued on 30 December 2013, which shall enter into force from 6 January 2014, and of Article 37-1 as amended and issued on 27 June 2014, which shall enter into force from 30 June 2014, and of Article 21 as amended and issued on 1 September 2022, which shall enter into force from fiscal year 2022.