Company Limited ("IFEC"), acquired the knowledge from the Board of Directors Meetings No. 11/2016, held on 1 November 2016, that IFEC faced a problem with insufficient cash flow to pay off its

) to issue notifications to implement this Royal Enactment; (5) to determine fees for handling certain matters in accordance with this Royal Enactment; (6) to appoint sub-committees or advisors to

appoint custodians which approved by SEC to protect investors’ assets.However, SEC intends to revise the regulations by allowing private fund operators with custodian services to protect investors

. • Existing “information asymmetry” problem and agency costs. • Conflicts in the contracts between shareholders & bondholders • From managers’ views (acting on shareholders’ behalf), creditors benefit more

to securities laws prior to court filings to strengthen legal enforcement and revise provisions on composition of offences related to unfair activities in securities trading to ensure clarity and

between the period, and in case of deposits in the financial institution having position or business operation problem, it shall disclose such amount of cash. 4.3 Investments in debt and net equity

trade. (6) Investments in the trouble business In case the company invests in a company which is having problem relating to financial position and outcome of business operation, such as a financial

loss arising which not occurred from the securities for trade. (6) Investments in the trouble business In case the company invests in a company which is having problem relating to financial position and

issued in connection with securitization; (4) to issue notifications to implement this Emergency Decree; (5) to determine fees for handling certain matters in accordance with this Emergency decree; (6) to

in connection with securitization; (4) to issue notifications to implement this Emergency Decree; (5) to determine fees for handling certain matters in accordance with this Emergency decree; (6) to