internationally recognized and more flexible than property fund.Essentially, the amendment would offer an option to convert one or more property funds into an existing REIT or establish a new REIT, and investment
specified, and such committees shall not be responsible for the day-to-day operation. A securities company not keeping its customers’ assets in its possession is allowed to establish any mechanism or
asset management companies. Both notifications are to be published in the Royal Gazette.“Asset management companies wishing to establish these SSFs can submit draft applications to SEC consideration in
benefits from the securities in possession. In any case, securities companies would need to establish efficient control and risk management system.SEC is therefore conducting a public hearing on the
Governance Code 2017 Detail Content CG Code Part 1 Principles and Sub-Principles Principle 1 Establish Clear Leadership Role and Responsibilities of the Boar d Principle 2 Define Objectives that Promote
and deposit service on self-issued DA to establish a system segregating their clients’ DA from their own assets, and would prohibit them from seeking benefits from the clients’ DA under their custody
Governance Code 2017 Detail Content CG Code Part 1 Principles and Sub-Principles Principle 1 Establish Clear Leadership Role and Responsibilities of the Boar d Principle 2 Define Objectives that Promote
detailed in Chapter 4. 2 Part 3 The SEC Office’s Power Clause 4 In order for this Notification to be complied with, the SEC Office may specify regulations or guidelines, as follows: (1) establish rules in
prohibited or restricted investments. Other funds may have their ESG efforts developed by a fund board of directors working to establish ESG priorities that address portfolio risk issues or respond to concerns
interest as well as make inquiries to W’s management to gather complete information before voting at the extraordinary shareholders’ meeting. In any case, the aforesaid acquisition transactions have to be