force and considered the condition of each category of collateral. The collateral shall have an ability to surpass the maturity date and being monitored by the bondholders’ representative. In case where

condition of each category of collateral. The collateral shall have an ability to surpass the maturity date and being monitored by the bondholders’ representative. In case where the collateral is not a

surpass the maturity date and being monitored by the bondholders’ representative; (2) in the case where the collateral is immovable property or 19 a long-term lease agreement, a valuation of such collateral

caused by such differences. Clause 18 mutual funds and trusts shall rotate an auditor by complying with the rules prescribed in Paragraph 2, in the occurrence that the auditor has performed his/her duties

, 2018, and September 30, 2018. 6 Market, dated November 20, 2018, both coming into effect January 1, 2019. The new regulations stipulate that listed firms shall rotate auditors who have performed their