objectives of securities regulations identified by IOSCO: the protection of investors; ensuring that markets are fair, efficient and transparent; and the reduction of systemic risk.3 Quality and integrity of
unrated Credit rating International Credit Rating AA, A BBB BBB unrated 2. (Market Risk) 25% 3. (Exchange Rate Risk) 4. (High Issuer Concentration Risk) ≤10% 10-20 % 20-50 % 50-80
Credit rating International Credit Rating AA, A BBB BBB unrated 2. (Market Risk) 25% 3. (Exchange Rate Risk) 4. (High Issuer Concentration Risk) ≤10% 10-20 % 20-50 % 50-80 % >80% 5
Credit Rating AA, A BBB BBB unrated 2. (Market Risk) 25% 3. (Exchange Rate Risk) 4. (High Issuer Concentration Risk) ≤10% 10-20 % 20-50 % 50-80 % >80% 5. (High Sector Concentration
amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound
Intangible capital provided higher risk & return than ESG factor. 13 Return Risk 34.37% 23.22% 73.02% 35.45% 38.97% 84.74% 16.29%18.07% 6.93% 56.73% 19.15% 22.67% 68.44% High ESG High ICR (HH) High ESG Low ICR
volatility, effectively assume this risk. Structured securities are complex instruments, typically involve a high degree of risk and are intended for sale only to sophisticated investors who are capable of
of QR payment for a BTS Skytrain single-journey ticket, and privileges offered for QR payment at participating UNIQLO outlets. High Net Worth Individual Determined to perform at the standard of an
greatly, whether the ICO constitutes securities offering under the SEA shall be determined on a case-by-case basis. 2.2 ICO process • Technically, ICO process can apply to any types of securities. However
personnel, IT systems as well as sound risk management via change in our work format and service suspension at high-risk locations, KBank was able to efficiently cope with the COVID-19 pandemic, allowing us