possesses strong financial position and reliability. It is, therefore, deemed necessary to determine the minimum paid-up registered capital of such person.
executive of a securities company possesses any prohibited characteristic, the Office shall proceed in accordance with the rules and procedures specified in the Notification of the Securities and Exchange
) maintaining the proportion of shareholding that possesses the specified characteristics under Clause 3 throughout undertaking business of precious metal derivatives brokerage ; In case a person who obtained
business of precious metal derivatives brokerage ; (3) maintaining the proportion of shareholding that possesses the specified characteristics under Clause 3 throughout undertaking business of precious metal
applicant seeking an approval to act as a mutual fund manager possesses any prohibited characteristics under Clause 4(9), (10), (11), (12), (13), (14), (15), (16), (17) or (18), the Office may specify a
upon occurrence of any of the following circumstances: (1) when such persons no longer have the qualifications or possesses the prohibited characteristics as prescribed in Clause 12. In case such persons
capital market business shall be terminated upon occurrence of any of the following circumstances: (1) when such persons no longer have the qualifications or possesses the prohibited characteristics as
on Personnel in the Capital Market Business . Clause 6/1 In appointing a juristic person to be an agent as prescribed in Clause 5(2), a management company shall appoint a juristic person who possesses
fails to comply with the regulations under this Notification, or a service provider fails to maintain the qualifications or possesses the prohibited characteristics as prescribed under this Notification