) The Department of Business Development, Ministry of Commerce The Revenue Department, Ministry of Finance International Federation of Accountants International Forum of Independent Audit Regulators
capital which have additional conditions that a write-down/ a write-off may be performed after the capital decrease and in the proportion that is not more than the capital decrease or instruments that have
fund of funds (FoFs) with investments in the underlying fund ≥ 5% of the underlying fund NAV. Where the NAV of the underlying funds on any days or in five consecutive business days decrease more than two
fund of funds (FoFs) with investments in the underlying fund ≥ 5% of the underlying fund NAV. Where the NAV of the underlying funds on any days or in five consecutive business days decrease more than two
Commerce; (5) any relevant document specified by the SEC and published in the Government Gazette; Clause 4 When the SEC receives of the application in accordance with Clause 3 and is of the view that the
/ a write-off may be performed after the capital decrease and in the proportion that is not more than the capital decrease or instruments that have been converted. [2] Only subordinated instruments
recent certificate of company registration issued by the partnership and company registrar, the Ministry of Commerce; (5) any relevant document specified by the SEC and published in the Government Gazette