this Notification shall lapse in the following cases: (1) expiration of the participation period of the regulatory sandbox under Clause 3(4) unless an approval is granted by the SEC Office to terminate
under this Notification shall lapse in the following cases: (1) expiration of the participation period of the regulatory sandbox under Clause 3(4) unless an approval is granted by the SEC Office to
securities company shall have the following qualifications: (1) Having academic qualification and work experience in accordance with the following rules, except being granted an exemption by the Office: (a) In
company shall have the following qualifications: (1) Having academic qualification and work experience in accordance with the following rules, except being granted an exemption by the Office: (a) In respect
(1992). Clause 4. In respect of any private fund management company having been licensed to undertake securities business in other category and having been granted permission by the Office to establish a
granted permission by the Office to establish a full-service branch office for such (Translation) Page 2 of 3 category of securities business, the Office shall permit the full-service branch office to also
undertaking business for not less than a period of three consecutive years holds more than fifty percent of its total shares with voting rights. Clause 3. An applicant shall be granted a license to undertake