Page 31 - 臺灣證券交易所109年度年報

2. Broker Management
1) To strengthen information security and risk management of securities firms, the TWSE promoted protection standards for various levels of information security, as well as amended mechanisms for information and communications security inspection and internal control system. In addition, the TWSE, Taiwan Securities Association, and Taipei Exchange ("TPEx") worked together to establish parameters for securities firms' core information systems and to conduct joint reviews. Regulations were established for securities and futures firms to ensure information and communications security management, protection and lower potential risks.
2) In line with digital finance development and to enhance the ease of opening an investment account, the TWSE is prepared to implement various identity verification methods, such as the new e-ID and mobile ID.
3) To avoid business interruptions of securities firms as a result of the quarantine of business locations or personnel due to COVID-19, the TWSE has implemented contingency measures, including off-site offices and working from home ("WFH"), to ensure normal operations.
4) The TWSE assisted the Taiwan Securities Association in setting up the system whereby securities firms may use funds in customers' separate account ledgers in the securities firms' settlement accounts to trade financial products with low volatility and high liquidity, thereby strengthening investor protection and facilitating the expansion of business in this area.
5) The TWSE will strengthen the inspection standards for insiders of securities firms' transaction to assure conflicts of interest are avoided, as well as clearly state for whom the regulations are applicable and review operations.
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