practices, and adhere to applicable laws; c) embody high standards of business ethics and oversee the implementation of codes of conduct that engender a corporate culture of integrity; d) oversee the
transactions. The board should adopt an ethics and conflicts of interest policy consistent with applicable law and standards (including fiduciary duties), and establish clear guidelines and procedures for
Consider and beware of firm’s ethics and professional skepticism in context of being “business advisers” 3 How does the firm prevent undue influence being exercised where significant level of non-audit
behavior regarding selling of non-audit services? 2 Consider and beware of firm’s ethics and professional skepticism in context of being “business advisers” 3 How does the firm prevent undue influence being
once a year to ensure the correctness of assets in custody. 4. Document keeping system for checking evidences of money or assets transferring of the fund for at least one year. Chapter 3 System to
the purpose other than those provided in 1 and 2. 3.2 External auditor to perform the audit of the fund assets at least once a year to ensure the correctness of assets in custody. 4. Document keeping
must also states that “the approval for establishment and management of the ….. (fund name)….. on …(date)… does not mean the SEC or the Office certifies the completeness or the correctness of the
name)….. on …(date)… does not mean the SEC or the Office certifies the completeness or the correctness of the information in the offering documents nor guarantees the price or the return of the fund
completeness or the correctness of the information in the offering documents nor guarantees the price or the return of the fund”. Clause 12. The securities company shall have statements or warnings under Clause
…(date)… does not mean the Securities and Exchange Commission, the Capital Market Supervisory Board or the Office certifies the completeness or the correctness of the information in the offering documents