of instruments comply with the requirements. 2. The transfer restriction is registered, including features of bonds, draft terms and conditions and a bondholders' representative appointment agreement

transfer restriction, features of bonds, draft terms and conditions and a bondholders' representative appointment agreement (in case of secured bonds/ bonds with a bondholders' representative). - Can be

approval rules - Applicable to the offering of bonds only. - For the offering of bonds, the approval will be granted upon the registration of the transfer restriction, features of bonds, draft terms and

​ ​ ​ ​ Qualifications and approval rules - Applicable to the offering of b onds only. - For the offering of bonds, the approval will be granted upon the registration of the transfer restriction, features of bonds, draft

system was found to be inefficient and failing to detect if its employees use their related persons to open a trading account and execute transactions. Even though the relationship between clients and

not yet fully recovered due to the concern over 2nd wave of COVID-19 pandemic, international travel restriction in many countries and slowdown of economic recovery as well as business cutting down

3Q21 MD&A Advanced Info Service Plc. Executive Summary Slight revenue improvement despite COVID restriction measures and continued competition During 3Q21, the economy remained subdue from COVID

shall undertake the securities borrowing and lending business within that restriction. In the case where the business operator under the first paragraph wishes to relax or remove such restriction, the

May 1999. (Translation) -5- after license has been given,, the business operator shall undertake the securities borrowing and lending business within that restriction. 20 In the case where the business

Lending (No. 2) dated 26 May 1999. (Translation) -5- after license has been given,, the business operator shall undertake the securities borrowing and lending business within that restriction. 20In the case