2000 shall be repealed. Clause 2. In this Notification, “Mutual fund manager” means a director or an employee of a management company who is authorized by the management company to make decisions
: Rules, Conditions and Procedures for the Approval of Mutual Fund Managers dated 31 July 2000 shall be repealed. Clause 2. In this Notification, “Mutual fund manager” means a director or an employee of a
(2) and Clause 13 (3); (2) the appointee shall be a permanent employee of the management company and able to work full-time for the management company except that such person holds the position of
register pursuant to the specific rules under Clause 7 (2) and Clause 13 (3); (2) the appointee shall be a permanent employee of the management company and able to work full-time for the management company
company shall appoint only one person from such register to be Fund Manager according to rules under Clause 8, or Clause 17 the first paragraph (3); (2) in case the management company appoints its employee
expenses 58 232 (75%) Long-term loan from related parties 1,118 1,479 (24%) Liabilities under financial lease 1 2 (23%) Employee benefit obligations 80 72 11% Total non-current liabilities 1,257 1,786 (30
mainly to employee expenses and repair and maintenance of premises and equipment expenses, whereas marketing expenses fell. As a result, our cost- to-income ratio stood at 42.70 percent, which was still
lease 1 1 (8%) Employee benefit obligations 82 80 2% Total non-current liabilities 1,195 1,257 (5%) Total liabilities 4,359 5,607 (22%) Total equity 12,785 13,218 (3%) Total liabilities and equity 17,144