regulations: Clause 1 In this Notification: (1) “executive” means a manager or a person with power of management; (2) “manager” means any person who is authorized by the board of directors of the company to
. Criteria: Net tangible Asset Financial Source for the Financial Support The financial support from the Company to GSTEL comes from excess internal cash flow from operation of the Company of which after
Company’s financial reporting process to ensure accuracy and adequacy. 2. Ensure the Company has suitable and efficient internal control system and internal audit. The Committee shall consider the
is an affiliated company ; (3) internal audit only if the outsource operator is an affiliated company or audit firm; (4) compliance function only if the outsource operator is an affiliated company ; (5
) risk management only if the outsource operator is an affiliated company; (3) internal audit only if the outsource operator is an affiliated company or audit firm; (4) compliance function only if the
1 Operation Control Clause 4. Securities company shall have an effective internal control system, risk management system, and a system protecting conflict of interest and shall prescribe rule and
4. Securities company shall have an effective internal control system, risk management system, and a system protecting conflict of interest and shall prescribe rule and procedure of such systems in
or need of such person; “Office” means The Office of the Securities and Exchange Commission. Chapter 1 Operation Control Clause 4. Securities company shall have an effective internal control system
coordination in case of a foreign company Attachment 2: Details of the directors of subsidiaries Attachment 3: Details of the Heads of the Internal Audit and Compliance Units Attachment 4: Assets for business