Measures for the Supervision and Administration of Futures Companies Article 28 Where a futures company establishes a domestic branch such as a sales department or a branch, it shall report to the dispatched office of the China Securities Regulatory Commission where the company is domiciled within five working days from the date of completing the registration of relevant industrial and commercial establishment. To establish a domestic branch, a futures company shall meet the following conditions: (1) sound corporate governance, compliance with relevant regulations and effective implementation of the internal control system; (two) within 3 months before the date of application, it meets the risk supervision index standards; (3) It complies with the provisions on the protection of clients' assets and the safe custody and monitoring of futures deposits. (4) It has not been put on file for investigation by the competent authority for suspected illegal business operation, and has not been subjected to administrative punishment or criminal punishment for illegal business operation in recent 1 year; (5) Having a branch establishment plan and a stable business plan that meet the needs of business development; (six) other conditions stipulated by the China Securities Regulatory Commission in accordance with the principle of prudent supervision.