transaction. 3. Commercial banks are allowed to open a separate foreign currency deposit (FCD) account with foreign source for authorized money changers, and such account is to be used exclusively for
performance of the refinery business. As for the oil trading business operated by BCPT Trading Pte. , Ltd. saw improvements in performance from last year. The amount of trade and transaction of crude oil and
salient points as follows: (1) Relaxed rules for foreign income which does not require repatriation: Proceeds that are allowed to be kept abroad are increased to no more than USD 1,000,000/transaction
and groups of customers that can join a sandbox test, including the transaction volume and/or amount, with a scope based upon the product or service innovation, allowing us to develop the technology and
regulator of the country where the real estate to be invested is located. If such list of persons is unavailable, the person responsible for the appraisal of the real estate shall have any of the following
customer’s needs. We have also developed transaction banking products and services to accommodate their business management in all aspects. In the first quarter of 2019, we prioritized development of services
supporting escrow agency businesses, while the method for deposit certification/deposit notification has been amended to accommodate electronic channels. 4. Two Electronic Transaction Acts: 4.1 Electronic
financial institutions and requiring them to put in place IT risk supervision measures consistent with their business operations, transaction volumes, IT sophistication and related risks. IT risk supervision
financial transaction services to offset reduced income after the waiver of fees for funds transfer via digital channels. By the end of the fourth quarter, banks should be prepared for new rules and
each transaction. (12)3 repealed; (13)2 “connected person” means the following persons; (a) connected person under the Notification concerning Conduct Which May Constitute a Conflict of Interest in the