in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder
product regardless of its complexity to high-net-worth individual, in which investors decline to complete the suitability test, providing that intermediaries must be certain that such investor has
examination on suspicious facts. Overall, the number of complaints against unlicensed securities or derivatives businesses is on a gradual decline, and 75 percent of the cases is beyond the SEC?s authority, for
shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders
decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representative. The bondholders are, therefore, encouraged to thoroughly review the
slightly increased from the previous quarter, but decreased from the same period of last year. The over-year decline could be attributed to increase in impairment loss on loans and debt securities in line
decline is also partly due to the high base of last year. Public spending excluding transfers also declined from acceleration in disbursement during last year. Nevertheless, private consumption remains the
registered person, such person shall notify the decline of such renewal to the management company who has appointed such registered person as its fund supervisor within the next following date after the Office
renewal to any registered person, such person shall notify the decline of such renewal to the management company who has appointed such registered person as its fund supervisor within the next following