June 26, 2024 which means Mr. Pavin failed to prepare and disclose the report within the period specified in the notification of the SEC. SEC Act S.59 Settlement Committee Meeting No. 2/2025

accurate information was in place to ensure the status of qualified customers as high net worth investors. SEC Act S.113 Settlement Committee Meeting No. 2/2025 Settlement Committee Order No. 20/2025

scope of work. In addition, CL did not inform the SEC about the outsourcing. SEC Act S.100 in conjunction with 113 Settlement Committee Meeting No. 2/2025 Settlement Committee Order No. 20/2025 Dated

Committee Meeting No. 2/2025 Settlement Committee Order No. 2/2025 Dated 11/03/2025

with 56(3) Settlement Committee Meeting No. 2/2025 Settlement Committee Order No. 17/2025 Dated 11/03/2025

2022. SEC Act S.300 in conjunction with 56(4) Settlement Committee Meeting No. 2/2025 Settlement Committee Order No. 17/2025 Dated 11/03/2025

notification of the SEC. SEC Act S.59 Settlement Committee Meeting No. 3/2025 Settlement Committee Order No. 28/2025 Dated 25/04/2025

the report (Form 59-2) to the SEC office within the period specified in the notification of SEC. SEC Act S.59 Settlement Committee Meeting No. 3/2025 Settlement Committee Order No. 37/2025 Dated 25

report (Form 59-2) to the SEC office within the period specified in the notification of SEC. SEC Act S.59 Settlement Committee Meeting No. 3/2025 Settlement Committee Order No. 38/2025 Dated 25/04/2025

Bitazza could know and verify the true identity of its customers, including acquiring adequate information for customers’ risk assessment. DAB Act S.94 in conjunction with 30 Settlement Committee Meeting