business license type C, as the case may be, at all time during its undertaking of derivatives business. If the derivatives business licensee fails to satisfy any condition set out under Paragraph 1, the
of the Investee Companies. 3.2.3 Satisfy themselves that the leadership and corporate governance of the Investee Companies is effective. 3.2.4 Ensure that the Board of Directors (and sub–committees) of
regulator in a Recognised ACMF Member Country to undertakethe activity of investment advice; and 2. satisfy fit and proper criteria as set out under Schedule 1 of the SC’s Licensing Handbook. Holder of
assurance can be given that such matters would not adversely affect the operations of the Group, the ability of the Issuer to satisfy its obligations under the Notes, the Guarantor to satisfy its obligations
where the derivatives business operator has advanced its own asset to secure or satisfy the obligations incurred incidental to or resulted from derivatives transaction for the account of a customer, it
cases where the derivatives business operator has advanced its own asset to secure or satisfy the obligations incurred incidental to or resulted from derivatives transaction for the account of a customer
completion of the increment to more than 2.50 percent from January 1, 2019 onwards. To satisfy the minimum levels and capital buffer requirements of the BOT, in 2018 the Bank was required to maintain the
synthetic convertible loan for SGAH if the profit condition is met in the next 2 years. After the conversion, the Company's shareholding percentage in SGAH will be at 25.11%. Nevertheless, in order to satisfy
%. Nevertheless, in order to satisfy the Accounting Standards and maximize tax efficiency, the synthetic convertible loan structure consists of (1) grant of a loan at the amount of USD 50 million or equivalent to
to more than 2.50 percent on January 1, 2019. To satisfy the minimum requirements and capital buffer, in 2017 the Bank is required to maintain the Common Equity Tier 1 ratio at more than 5.75 percent