barred period of serving as director or executive will take effect when the offender signs a letter of consent, agreeing to comply with the civil sanction as imposed by the CSC. In the event that the
the offenders sign a letter of consent, agreeing to comply with the civil sanctions. In the event that any offenders refuse to give consent to the sanctions, the SEC will submit the cases in writing to
as director or executive for 18 months. The civil sanctions, as imposed by the CSC, will take effect when the offenders sign the letters of consent, agreeing to comply with the civil sanctions. In the
on the letter of consent which specifies civil sanctions to comply with the civil sanctions determined by the Civil Sanction Committee. If any of them declines to give consent for the civil
written contract or agreement on custody of clients’ assets , which indicates the rights, duties and responsibilities of both parties. In any case, such contract or agreement shall not have any statement
agreement on custody of clients’ assets, which indicates the rights, duties and responsibilities of both parties. In any case, such contract or agreement shall not have any statement denying or limiting the
management or risk management of such investments, whether or not it is a central utility function and at any level, there shall be a procedure for requesting an approval from the intermediary’s board of
management of such investments, whether or not it is a central utility function and at any level, there shall be a procedure for requesting an approval from the intermediary’s board of directors in each case