transaction of securities dealing with a client , a securities company shall specify a procedure and method for the Know Your Client & Client Due Diligence (KYC/CDD) in writing whereby there shall be sufficient
a procedure and method for the Know Your Client & Client Due Diligence (KYC/CDD) in writing whereby there shall be sufficient processes to ensure that the client is the same person whose identity
a juristic person, the directors or partners of such juristic person shall also not have the prescribed prohibited characteristics thereof; **(4) having sufficient readiness for providing services and
of such juristic person shall also not have the prescribed prohibited characteristics thereof; 5 **(4) having sufficient readiness for providing services and ensuring that the services provided to
internal audit and regulated by other competent regulators according to the notification of the SEC. The SEC Office has the power to waive the appointment of independent director temporary or permanently
has the power to waive the appointment of independent director temporary or permanently according to paragraph one for such Derivatives broker. However, the SEC Office may set out other requirements for
the power to waive the appointment of independent director temporary or permanently according to paragraph one for such Derivatives broker. However, the SEC Office may set out other requirements for
beneficial to the undertaking of the derivatives brokerage business in a sufficient number to accommodate the undertaking of the derivatives business in an efficient manner. Clause 11. The derivatives broker
knowledgeable, capable or experienced and who are beneficial to the undertaking of the derivatives brokerage business in a sufficient number to accommodate the undertaking of the derivatives business in an