of 1.8 percent. Tourist arrivals from South Asia had the highest growth at 20.7 percent, followed by Southeast Asia and Africa at 5.7 percent and 1.4 percent respectively. In contrast, tourist arrivals
same period of the previous year. North America had the highest passenger load factor at 84.3 percent. In contrast, Africa had the lowest passenger load factor at 70.8 percent (Source: International Air
percentage growth respectively. 3 ASIA’S BOUTIQUE AIRLINE In contrast, there is a declining trend for tourist arrival from Europe, dropped by 1.9 percent, mainly from a drop in tourists from Russia (16.2% drop
approval of private fund custodian; □ 3.2 For approval of private fund custodian and requesting for the permission to commence the business, which the commencement date will be……………………… □ 3.3 For renewal of
application □ 3.1 For approval of private fund custodian; □ 3.2 For approval of private fund custodian and requesting for the permission to commence the business, which the commencement date will be
requesting for approval from senior management to open such accounts or establishing new business relationships. Clause 13. Securities company may rely on another financial institution to conduct face-to-face
company must, in case of cross-border omnibus accounts, assess the adequacy and effectiveness of the financial institutions’ KYC/CDD measures and controls prior to requesting for approval from senior
controls prior to requesting for approval from senior management to open such accounts or establishing new business relationships. (Unofficial Translation) - 5 - Clause 13. Securities company may rely on