was sufficient and appropriate with regard to the audit of the revenue and the accrued income which were material to the financial statements, causing her to fail to detect the fictitious revenue and
businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective
break the rules or fail to perform such duty, they will be held legally liable.Moreover, information concerning unitholding or change of unitholding by directors and executives of trust managers and
addressed by everyone. As a result, those who fail to seriously emphasize on adopting the said practices will face the difficulty in running businesses in the future.
make false entries or fail to enter any material statement in the accounts or documents of NMG or related to NMG to deceive any person. In this regard, they managed to record non-existent income in the
entries or fail to enter any material statement in the accounts or documents of NMG or related to NMG to deceive any person. In this regard, they managed to record non-existent income in the NMG's
Statistics of Criminal Actions (As of 31 December 2023) Cases Persons Cases Persons Cases Persons Cases Persons Fraud 0 0 3 17 0 0 3 14 Fail to exercise duty of care 0 0 - - 0 0 - - Disclosure of
proposal to better manage business risks.The draft operational procedures rules for intermediaries which fail to meet the ongoing capital requirement are also under this public hearing.The consultation paper