Governance refers to the system, practices, and process by which the company is directed and controlled to balance the interest of stakeholders, and to enhance efficiency, transparency and accountability of
was controlled or suspended by the financial regulatory authority. For the purpose of considering prohibited characteristics under sub clause (c) and (d), the term “financial institution” means
) Factsheet Information as of [day/month/year] 7 Heading Disclosure of Information applicant has the power to control the issuer who issues underlying shares or is controlled by the issuer who issues underlying
allocation and use of privileged access rights should be restricted and controlled; (c) the allocation of passwords should be controlled through a formal management process; (d) monitor and review the users
, sovereign wealth funds and mutual funds), or asset managers to which such collective vehicles or individuals allocate funds. We note that in controlled companies (where there is a dominant shareholder or
controlled by SSG Capital Holdings Limited (“SSG CH”), SSG Capital Partners III, L.P. (“SSG III”) and Kendrick Global Limited (“KG”) (collectively referred to as the “SSG Group”). SSG Group had seriously
damage or must be jointly responsible for the damage occurring to such financial institution whose license has been revoked, or business has been controlled or operation has been ceased due to the status