management • In managing a mutual fund, the AMC must proceed with honestly and care to preserve the interests of all unitholders, using knowledge and competence as a professional. • The AMC must have a policy
with others, and has been licensed or registered under this Act, excluding those derivatives brokers with the characteristics as specified in the notification of the SEC. “derivatives dealer” means any
with others, and has been licensed or registered under this Act, excluding those derivatives brokers with the characteristics as specified in the notification of the SEC. “derivatives dealer” means any
under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund which has been registered shall become a juristic person. 2 indicated amendment by the Provident Fund Act (No.2
regulations. If a provident fund which has been set up before the effective date of this Act is intended to be a fund under this Act, it shall proceed in accordance with the first paragraph. Section 7. A fund
proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties.” SECTION 6 The following provisions shall be added as (1/1) and
entity established in any other forms as specified in the notification of the SEC. "securities company" means any company, or financial institution licensed to undertake securities business under this Act
licensed to undertake securities business under this Act. "securities business" means any of the following securities businesses: (1) securities brokerage; (2) securities dealing; (3) investment advisory
%B4%E0%B8%99%E0%B8%97%E0%B8%A3%E0%B8%B1%E0%B8%9E%... DRAFT CUSTOMER ASSET SECTION 31. 2 The provisions of this Division shall apply to derivatives agent licensed under Section 16. The Capital Market
/ActandRoyalEnactment/RoyalEnactment/enactment-digitalasset2018.pd... DRAFT CUSTOMER ASSET SECTION 31. 2 The provisions of this Division shall apply to derivatives agent licensed under Section 16. The Capital Market