resembles the international supervisory framework. The audit quality control regulatory shall be performed at both individual auditor level and firm level. In order to enhance quality and reliability of the
of directors but not less than three persons. The audit committee consists of at least three persons and at least one person must have adequate knowledge to review the reliability of financial
the last day of serving the previous audit firm. 6. Termination of Approval auditor notifies the SEC of the intention to terminate from an SEC approved auditor, auditor cannot maintain the
requested by the SEC, notifying the change of the audit firm as per Form 61-3F provided on the website of the SEC within 30 days as from the last day of serving the previous audit firm. 6. Termination
trustworthiness in regard of undertaking such securities businesses; "major shareholder" means any person directly or indirectly holds shares of securities company exceeding ten percent of voting shares of such
Exchange, the NAV and investment unit values as of the last business day of each month shall be announced within the following business day; (3) The NAV and the investment unit value as of the closing date
) For mutual fund which investment units are not securities listed in the Stock Exchange, the NAV and investment unit values as of the last business day of each month shall be announced within the
without having to request for approval and submit filing. However, the company must comply with the following conditions: TSR is for a period of not more than two months. The duration of last exercise of
(reviewed) within 45 days from the last day of the quarter Financial statements for the financial period (audited) within three months after the last day of the financial period (it can submit audited six