independently in accordance with the market condition; (c) The index shall have been developed by a reliable institution which can act independently from the Company. If it appears that such an institution is the
as auditor in the capital market shall have the following characteristics: (1) having an audit quality control system which is sufficient and reliable for supervising its auditors’ work performance to
, in PDP 2018, the reliable capacity is set to cover electricity demand of the whole country in case that the major power plants in each region have emergency shutdown. Meaning that the reliability in
, roles, authority and responsibility of directors, executives and other personnel of the intermediary clearly. (3) having appropriate, reliable and efficient operating system to support an intermediary ’s
appropriate, reliable and efficient operating system to support an intermediary’s business continuously in order that [i] the intermediary would be able to provide services for the best interests of a client
of interest and other encumbrance. Where there is a disclosure of the investment portfolio, it should be disclosed to all investor equally; (3) Using of adequate and reliable information, documents or
reliable information, documents or referenced evidence in making investment decision; (4) Potential investment risks are managed when making investment decision. The investment shall be done reasonably and
expand their business as criteria for consideration of their debt servicing ability, provided that clear and reliable documentary evidence is submitted. Act Exempting Tax Penalties, Surcharges and