partial investment, granting the right of objection on material issues to REIT, having guidelines to resolve conflicts between REIT and investment partners, and providing a statement of opinions on
law and standards. Principle 6.2 The board shall establish an audit committee that can act effectively and independently. Principle 6.3 The board should manage and monitor conflicts of interest that
person shall have the following characteristics: (1) in case of being an employee of management company, the position held shall not cause any conflicts of interest with management of fund and shall not
been applied by most institutional investors, i.e., (1) managing conflicts of interest properly, and (2) disclosing voting policy and voting results. Five other core principles are (3) adopting a clear
., (2013). - Key dimensions: family involvement in ownership, management and governance. • Conflicts encompassing family-firms. - Distinction from other concentrated-ownership forms. 7 AGENCY PROBLEMS AND
, parent company, subsidiary company, affiliate company or person who may have conflicts of interest; (b) not be an employee, staff, advisor who earns salary, or controlling person of the securities company
who may have conflicts of interest; 3 Repealed and repealed by the Notification of the Capital Market Supervisory Board No. TorThor/Nor/Khor. 39/2553 Re: Qualifications and Prohibited Characteristics of
; (5) directors, management executives and major shareholders with no prohibited characteristics approved by SEC; (6) no conflicts of interest between other operations and digital asset business with
conflicts of interest. The revised rules also protect the best interest of investors by prohibiting collection of redundant fees, prohibiting the exercise of the voting right of the invested funds
measures to prevent and manage conflicts of interest. Such mechanism and measures must be clearly outlined in the ICO filing. Additionally, specific significant matters would require approval from the