regulatory sandbox is deficient and cannot be improved; 5. there is a reason to believe that the innovation used in the service provision may cause a material impact or damage to investors or the overall

of services under the regulatory sandbox is deficient and cannot be improved; 5. there is a reason to believe that the innovation used in the service provision may cause a material impact or damage to

provisions in Clause 4 and Clause 5 or Clause 6, as the case may be; (4) the operation under a regulatory sandbox is deficient and cannot be improved; (5) there is a reason to believe that the innovation used

, as the case may be; (4) the operation under a regulatory sandbox is deficient and cannot be improved; (5) there is a reason to believe that the innovation used in the operation may cause a material

the Office, or any other persons approved by the Office. Such analysis shall also disclose the used assumption in the manner that is clear and easy to understand; (7) the estimated return or auto

disclose the used assumption in the manner that is clear and easy to understand; (7) the estimated return or auto-redemption rate must be accompanied by the following statements: (a) in case of mutual fund

also disclose the used assumption in the manner that is clear and easy to understand; (7) the estimated return or auto-redemption rate must be accompanied by the following statements: (a) in case of

by an auditor or a financial advisor approved by the Office, or any other persons approved by the Office. Such analysis shall also disclose the used assumption in the manner that is clear and easy to

derivatives broker shall calculate value of instrument or securities in which it uses clients’ money to deposit or invest under clause 7 at least on every working days provided that the price used shall reflect

which it uses clients’ money to deposit or invest under clause 7 at least on every working days provided that the price used shall reflect current market value of each type of 2 Amended by the