_____________ Clause 11 An applicant who will obtain approval to be REIT manager shall demonstrate that it has ability to manage the REIT, being assigned by REIT trustee, efficiently and provide measure for
acts that may create conflict of interest to investor, in the case where management company invest to acquire any assets for its own account (proprietary trading), management company shall provide an
provide an effective operating system to protect such investment or entry into a contract creating conflict of interest to the fund, Except that management company appoint other person to manage an
where management company invest to acquire any assets for its own account (proprietary trading), management company shall provide an effective operating system to protect such investment or entry into a
disclose information and get approval from the shareholders. The audit committee shall appoint independent financial advisor within August 2017 to provide an opinion regarding the reasonable and fairness of
provide services through online only; (2) prepare readiness of sufficient personnel and other resources for operation of a branch office, including efficiency of management and compliance system; (3
intermediary shall identify clearly that such branch will provide services through online only; (2) prepare readiness of sufficient personnel and other resources for operation of a branch office, including
intermediary shall identify clearly 7 that such branch will provide services through online only; (2) prepare readiness of sufficient personnel and other resources for operation of a branch office, including
derivatives exchange [OTC derivatives], the derivatives broker shall provide such services to Institutional investors only, in which case the provision of Clause 17 and Clause 19 shall not apply. In providing