operator of the outcome of the application for approval under Clause 2 (1) (a) within thirty days from the date of receipt of the valid and completed documents, except in case it is necessary to examine

documents, except in case it is necessary to examine additional facts and the SEC Office has notified the derivatives business operator before the end of such thirty days period. Clause 4. The approval for

unless the applicant itself is being the financial advisor, whose name appears in the SEC Office’s approved list. Clause 5 An applicant shall pay the application fee as specified by the Notification of the

in any activities other than those specified in the approved project unless a relaxation is granted by the SEC. Section 14. If the operations of the special purpose juristic person under this Royal

securities offeror who is obliged to file the registration statement and draft prospectus with the SEC Office. Clause 3. A securities underwriter shall not make underwriting of the following securities, except

to file the registration statement and draft prospectus with the SEC Office. Clause 3. A securities underwriter shall not make underwriting of the following securities, except being granted an

shall not make underwriting of the following securities, except being granted an exemption from the SEC Office with an approval of the Capital Market Supervisory Board: (1) shares issued or offered for

provisions of law governing trust for transaction in the capital market shall apply to a special purpose juristic person established in the form of trust except where this Emergency Decree prescribes otherwise

except where this Emergency Decree prescribes otherwise. In this regard, trustee shall have similar duties and responsibilities as a special purpose juristic person. Section 10. In the process of

date when such event has occurred unless the SEC Office has rendered a waiver only if it is necessary or appropriate. Clause 6 This Notification shall come into force as from 1 July 2014. Notified this