To ensure that asset management companies primarily manage funds for the investors’ benefits, SEC has revised the regulations in order to control and monitor mutual fund management by requiring
The REIT manager shall maintain its qualifications in accordance with the rules as prescribed under Chapter 1. 1 This provision hereby refers to the Notification of Securities and Exchange Commission No
which are fixed income funds making daily redemptions and same-day settlements or settlements on the next business day. It is therefore crucial that they maintain adequate liquidity to respond to
has to be maintained to ensure continuity of business operations.To cover potential liability risks arising from professional negligence, asset management companies are required to maintain
limit damage to customers and the capital market in general in case the businesses face financial difficulty. The securities companies and derivatives brokers are presently required to maintain net
. That is, the securities broker failed to Inefficient management and management of liquidity risks. (2) failed to maintain the net capital (“NC”) in accordance with the rules, conditions and procedures
investors should understand, minimise and manage the conflicts of interest that they face and behave ethically, ensuring that they maintain focus on advancing beneficiary or client interests and disclosing
maintain the characteristics specified in Clause 2(3) to (8); 3. the securities trading center fails to proceed in accordance with the provisions in Clause 4; 4. the provision of services under the
securities trading center cannot maintain the characteristics specified in Clause 2(3) to (8); 3. the securities trading center fails to proceed in accordance with the provisions in Clause 4; 4. the provision
related to execution of trading transactions, to monitor and examine post-trading activities (audit trail); (5) having a work system for enhancing and protecting the orderly operating mechanism of the