fund management company can deny any civil liabilities arising from a willful act, or from negligence to perform duties specified in the agreement; (2) The agreement contains a statement informing
months; (3) Clarifying the process where the Minister of Finance does not agree with the recommendation of the SEC Board regarding the application and setting out the process for informing the
shall perform the following conducts: (1) notifying the client ; (2) providing additional consultation involving feature, risk and return of the investment or transaction for the client ’s reviewing or
client is inappropriate to invest in or enter into a transaction of capital market products, the intermediary shall perform the following conducts: (1) notifying the client; (2) providing additional
] when the SEC Office accuses such person to the inquiry official or issues a letter notifying the possession of characteristic of lacking trustworthiness, as the case maybe, until such person no longer
SEC Office in a letter notifying the approval. 11In the case where the financial advisor approved under Paragraph 1 wishes to perform duties on a continuous basis, such financial advisor shall submit an
in the notifying letter. The SEC Office shall complete the said acts within one hundred and twenty days from the date of receiving the application together with the accurate and complete evidentiary
appears that the applicant’s qualifications do not comply with Clause 21(2), in notifying the result of the application, the SEC Office shall have the authority to the timeframe or conditions for its
the notifying letter. In this regard, the whole aforementioned process shall be within one hundred and twenty days as from the date when the SEC Office has received the complete and accurate application