An applicant shall submit periodic reports as requested by the competent authority. The reports shall contain at least the following items and be signed by the applicant:
Statement:
The innovative experimentation is carried out in consistence with the content approved by the competent authority.
Status of regulatory compliance.
Report content:
The progress of the innovative experimentation plan, including the scope of the experimentation, number of participants protection measures, protection of participant's personal information, implementation of risk management mechanism and exposures, solicitation activity and content, measurement of expected outcomes and achievement status, AML/CFT assessment as of the date of report, etc.
Implementation status of information system security control mechanism, including information operation, network security monitoring and controls, defense and responses, audit trail retention mechanisms and implementation status.
Implementation status of matters requested by the competent authority.
Other matters deemed by the applicant that should be reported to the competent authority.

When an applicant has any of the following situations during the innovative experimentation period, the applicant shall submit a signed special report no later than the next business day of occurrence:
A situation under any of the subparagraphs of Paragraph 1, Article 15 of the Act.
Having material changes to its finance, business or personnel.
Ending the innovative experimentation on own initiative.
Having an information or communications incident and the outcome of the incident damages the interests of participants or affects the continuing operation of the applicant.
There is media report that may affect the applicant's business reputation.
There is a situation on which the competent authority requires a special report.
Any material situation deemed by the applicant that it should be immediately reported to the competent authority.

With regard to the reports mentioned in the preceding two articles, the competent authority may ask the applicant to make an explanation or provide relevant information within a given time period, to which the applicant shall respond accordingly.

If deemed necessary, the competent authority may send people to conduct an onsite visit, to which the applicant shall not evade, interfere or refuse.
An applicant shall provide relevant data and explanations in coordination with the needs of the onsite visit conducted by the competent authority.