Institution Problems” means a person who makes decisions to invest in real estate or leasehold right, select or propose to the unitholders or his designated person who makes decisions on investment in real

guidelines specified by the intermediary in compliance with the aforesaid rules. In this regard, such measures shall at least ensure that the service provider shall not have any characteristic which may cause

real estate or leasehold right of the following mutual funds: (1) property fund; (2) property fund for solving financial institution problems; (3) mutual fund for solving financial institution problems

problems; (3) mutual fund for solving financial institution problems; (4) property and loan fund. Chapter 2 Appointment of Fund Manager ______________________ Clause 4. In appointing fund manager, the

for Establishment and Management of Property Funds for Solving Financial Institution Problems ; (2) Notification of the Capital Market Supervisory Board regarding Rules, Conditions and Procedures for

of each mutual fund, together with sufficient description thereof illustrating the distinctive nature of each mutual fund and the value of the pool of assets. Should there be any change in such

. Clear procedures to report mistakes or frauds to the superiors and high level executives. 4. Approach to solve problems immediately regarding keeping the client’s assets. 5. Person responsible for taking

the first paragraph shall not apply to the liquidation of property funds for solving financial institutions problems and property and loan funds. Clause 12. Where the liquidator is unable to perform its

use in solving problems, on which companies shall inform its responsible officers. Also, when critical business functions have been restored to normal, companies shall notify the SEC to acknowlege as

significantly, the securities company shall inform its clients of certain change without delay; (2) inform its clients that when a securities company encounters financial problems, the client’s money which has