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English (United States) Establishment of mutual funds × Home > Laws/Regulations > Regulations
English (United States) Establishment of mutual funds × Home > Laws/Regulations > Regulations
Regulation. Clause 2 Applicant for securities business license in the category of investment advisory service which is a legal entity under Clause 1(1) to (5) shall- (1) be able to maintain capital funds and
insurance company licensed under law on commercial banking or law on life insurance, as the case may be, such applicant shall- (1) be able to maintain capital funds and set aside reserve capital in accordance
life insurance, as the case may be, such applicant shall- (1) be able to maintain capital funds and set aside reserve capital in accordance with law controlling business undertaking of such legal entity
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issuers 15.1 Recording the value of a debt instrument or claim as zero “0" (set-aside) 1) In the case that the mutual fund company records the value of a debt instrument as “0", or that the issuers of