Circular on Mutual Recognition of Funds between Hong Kong and Thailand issued by the SEC on 20 January 2021, as amended from time to time (“SEC Circular”). No. Question Answer Section A: Mutual Recognition

assets space? It is much harder to answer this question than it might seem! For example: Equity: Chodorow-Reich et al. (AER, 2021) Art: Goetzmann et al. (AER, 2011) Pénasse and Renneboog (MS, 2022) https

direct sales market and alter its marketing budget in line with revenues from sales and focused more on online channels. The company has the distribution costs for the first six month in total of 229.1

, (4) management override of internal controls, (5) fabrication of accounting transactions in the information system by using the executives’ privileged access right to alter information, and (6

: ______________________________________ 5) Type of ARFP Passport Fund: (more than one answer is possible) Equity Fund Fixed Income Fund Multi-Asset Strategy Fund Money Market Fund Feeder Fund Fund of Funds Exchange-Traded Fund Index Fund

Unit trust Any other structure acceptable to participating jurisdictions 5) Type of NRI CIS: (more than one answer is possible) Equity Fund Fixed Income Fund Multi-Asset Strategy Fund Money Market Fund

model for hedging. Question and Answer

) Legal character of Hong Kong Covered Fund: __________________________________ 3) Type of Hong Kong Covered Fund: (more than one answer is possible) General Equity Fund Bond Fund Mixed Fund Feeder Fund

____________________________________________________________________ 9) Is the ARFP Passport Fund intended to be offered publicly in the Home Economy? (Please tick if your answer to question 8 is “No”.) Yes No If “Yes”, please specify the expected date of such public

method or compliance guideline for inspect the security of the computer server. In a case appeared that having operate or alter abnormally the parameter, it shall be improve and report instantly. [M] o