Article 2, paragraph 2 (a) of the Provisions on the Administration of Chief Risk Officers of Futures Companies (Trial) stipulates that the chief risk officer shall be responsible to the board of directors of futures companies; Article 13 (2) (b) and (d) stipulates that the chief risk officer shall not commit any of the following acts: concurrently hold other positions in a futures company except the person in charge of the compliance department, or engage in activities that may affect his independent performance of his duties; Article 6, paragraph 1 (c) stipulates that a futures company shall nominate and appoint the chief risk officer in accordance with the articles of association. Where a futures company has independent directors, it shall also obtain the consent of all independent directors.