calculation of the last business day of the month to the SEC Office by the seventh day of the following month; (3) in case where a securities company have any subordinated liabilities or financing lease
second paragraph of Section 25 and the notification of the Capital Market Supervisory Board concerning prohibited characteristics of major shareholders of derivatives business operator, and in the case
operator, and in the case where such major shareholder is a legal entity, its director, manager and partner do not have any of such prohibited characteristics; 6) Being able to show its sound and effective
) assets contributed by the parent company to the securities clearing house in the form of a written and legally enforceable commitment (explicit guarantee). 2 In case of financial resources for liquidity
(explicit guarantee). In case of financial resources for covering liquidity risk, the assets under Paragraph 1 shall include credit facilities granted by a commercial bank. The derivatives clearing house
, duties and responsibility of executives and units. Clause 4/1. A securities company shall have independent director of at least one-forth of its board of directors. In case the independent director
Establishment of Company under the law of the jurisdiction where such foreign ETF is established – in case of foreign ETF established by an investment company; or [ ] (b) Trust Instrument or Trust Agreement – in