13, 2011. 9 (6) purchase or sale for its own proprietary portfolio to manage risk associated with the case where such securities underwriter becomes issuer of instrument whose underlying securities has

) purchase or sale for its own proprietary portfolio to manage risk associated with the case where such securities underwriter becomes issuer of instrument whose underlying securities has been underwritten by

, Obligors, Underwriters, and Arrangers; Governance, Risk Management, and Employee Training; and Disclosure and Communication with Market Participants. TERMS For the purposes of the IOSCO CRA Code:5 under

Enterprises use a common language and shared purpose to 4: • Open-up new business opportunities and efficiency gains • Future proof businesses • Manage risk more effectively • Enhance reputation • Attract and

Interest; CRA Responsibilities to the Investing Public, Rated Entities, Obligors, Underwriters, and Arrangers; Governance, Risk Management, and Employee Training; and Disclosure and Communication with Market

2.7 Central Order Screening System • To establish guidelines for a central system to screen inappropriate orders before matching to manage the order execution risk Early 2025 Way Forward : 1. Proposing

management framework through development of essential infrastructures and processes to appropriately and timely manage market risk of financial products. In addition, we have established market risk management

FX fluctuation normally causes no material impact on overall performance of the company. B.Grimm always has well-planned strategies to manage the FX risk as follows; 1) Natural hedging where the ratio

dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. Guided by the Customer Centricity strategy and our resolution of

confidentiality and data protection. The SEC has put in place internal procedures to ensure that its exercise of powers and duties are consistently applied. Operational Risk Management The SEC has developed its