Pension Fund and Social Security Fund. 2.2 Upon expiration of a private fund management agreement : (1) The private fund management company shall deliver securities and assets of the private fund to
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investment units shall not be concentrated in the holding of any individuals or any groups of persons which could exercise power over fund management and exploit the fund for own benefits such as tax avoidance
), while Transparency International (TI) defines corruption as an abuse of entrusted power for private gains, in both public and private sectors. The European Union defines corruption as the abuse of