trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing

Credit Loss = Probability of Default x Exposure at Default x Loss Given Default เงินลงทุนที่จะถือจนครบก าหนด เงินลงทุนเผ่ือขาย เงินลงทุนเพ่ือค้า เงินลงทุนทั่วไป TAS 105 (ปัจจุบัน) ป ราคาทุนตัดจ าหน่าย

หรือ 6 ผลขาดทุนด้านเครดิตท่ีคาดว่าจะเกิดขึ้น = อัตราการผิดนัดช าระหน้ี x ยอดคงค้าง x อัตราการสูญเสียเมื่อผิดนัดช าระหน้ี Expected Credit Loss = Probability of Default x Exposure at Default x Loss Given

capacity for meeting commitments may be troublesome CCC+ CCC CCC- Caa1 Caa2 Caa3 CCC+ CCC CCC- Highly speculative obligations CC CC CC Very low probability of timely and full payment of obligations C C C

descending order by the probability of occurrence of the risks and significance of their effects; (9) information about administration and management of the mutual fund; (10) warnings about the mutual fund; 1

; 7 (2) a list of computer systems relating to trading services with respect to derivatives; (3) evaluation of risks, and their probability, of discontinuity of a computer system relating to trading

avoidance of doubt, it is acknowledged that the definition of target population can vary depending on local contexts and that, in some cases, such target population(s) may also be served by addressing the

the firm promote tax structures or products or provide tax advice - what kind of advice? How does it ensure that there is no doubt as to the related accounting treatment regarding the true and fair view

that there is no doubt as to the related accounting treatment regarding the true and fair view of the financial statements? Are any tax services provided on a contingent fee basis? Any tax services of a

Management Policy Department if they are in doubt on any specific issues arising from the application/interpretation of the matters relating to the HK-TH MRF or the abovementioned feeder funds. The information