to maintain their profitability, going forward. 1.3 Regulatory Changes Significant regulatory changes that may have affected KBank’s and K Companies’ business operations included: Regulations for
trading, affiliated transaction, soft commission and staff dealing; (6) The investment in derivatives and innovative financial instruments; (7) The determination of guideline for complaint acceptance and
prevention of conflict of interest in the fund management which are proprietary trading, affiliated transaction, soft commission and staff dealing; (6) The investment in derivatives and innovative financial
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