Securities and Exchange Commission No. KorThor. 16/2555 Re: Determination of Types of Securities Having Characteristic Similar with Investment Units _____________ By virtue of Section 14 of the Securities and
structure 1.1 Segregation of work units and responsibilities Objective A management company shall have organisational structure that reflects the systematic segregation of duties. The mission, strategy
Organisational structure 1.1 Segregation of work units and responsibilities Objective A management company shall have organisational structure that reflects the systematic segregation of duties. The mission
profession and with additional requirements regarding asset appraisal for widely used. In this regard, the appraisal report shall explicitly specify the objective of the asset appraisal that it is widely used
name. 2) Amend clause 3 (Company’s objectives) to insert 1 clause of objective as follow; “(Clause 45) To engage in the business of electronic commerce and internet transactions, E-commerce, and all type
objective only to risk management. The draft regulations aim to provide investors with more variety of investment alternatives and promote new income channels for securities companies as well as increase
is not an institutional investor , private equity , venture capital and investor having a specific characteristic. “ institutional investor ” means an institutional investor in accordance with the
not an institutional investor, private equity, venture capital and investor having a specific characteristic. “institutional investor” means an institutional investor in accordance with the Notification
financial statements of Renaissance FMC, which constitutes a prohibited characteristic for an auditor in the capital market*. Accordingly, the SEC resolved to revoke Ms. Sulalit’s approval as a capital
instrument shall at least have the following particulars: (1) particulars relating to the establishment of trust and issuance of sukuk: (a) name, term, types and objective of a trust. In this regard, such name