the requirements set out in Clause 5(3) or (4), as the case may be, until 31 December 2011; (5) the following licensee of derivatives business license type Sor-1 shall maintain the status as a legal
repealed by this Notification shall be deemed to be registered as derivatives business operator under this Notification in the existing type of its registration and shall maintain the status of its juristic
Notification in the existing type of its registration and shall maintain the status of its juristic person and its qualifications of registered derivatives business operator under this notification. A registered
Notification in the existing type of its registration and shall maintain the status of its juristic person and its qualifications of registered derivatives business operator under this notification. A registered
)” – liquid assets less liabilities and risk haircuts – to ensure that there are sufficient liquid assets to absorb losses, maintain stable financial status and, in the event of insolvency, prevent damage to
positions in a management company which apply only to the Manager or equivalent positions, and 2) to allow the property fund managers to maintain their status while holding executive position, so it is deemed
equivalent positions, and 2) to allow the property fund managers to maintain their status while holding executive position, so it is deemed appropriate to issue this Notification.
equivalent positions, and 2) to allow the property fund managers to maintain their status while holding executive position, so it is deemed appropriate to issue this Notification.
material to maintain its professional status, or in any aspects which would affect the overall creditworthiness as professional. Clause 3 . In soliciting investors to enter into a derivatives fund management
material to maintain its professional status, or in any aspects which would affect the overall creditworthiness as professional. Clause 3. In soliciting investors to enter into a derivatives fund management