Factors for Consideration ___________________________ Clause 12. In considering the seriousness of behaviors constituting the third category of prohibited characteristics or undertaking under Clause 11, the
under Paragraph 1, the SEC Office shall take the following factors into its consideration: (1) the seriousness of the facts or circumstances that have changed; and (2) the effect upon the investors who
intermediary shall have measures for correctness [of fault action], control [of impact] and punishment [for wrongdoing] in proportion to the seriousness of their actions. Clause 9 In case the association
into its consideration: (1) the seriousness of the fact or circumstances that have changed; (2) the effect upon the investors who have subscribed for the debt securities. Clause 11 In cases where any of
factors into its consideration: (1) the seriousness of the facts or circumstances that have changed; and (2) the effect upon the investors who have subscribed for those bonds. Clause 15 In cases where it
factors into consideration: (1) the seriousness of the facts or circumstances that have changed; and (2) the effect upon investors who have subscribed for those debt securities. Clause 12 In the case where
for correctness [of fault action], control [of impact] and punishment [for wrongdoing] in proportion to the seriousness of their actions. Clause 9 In case the association determines the guideline
this Notification, the intermediary shall have measures for correctness [of fault action], control [of impact] and punishment [for wrongdoing] in proportion to the seriousness of their actions. Clause 9
appropriate taking into account the seriousness of the breach. Chapter 2 Availability of competent personnel Objective The management company shall demonstrate that it has adequate amount of personnel for the