follows: Protection of shareholders' right and fair treatment of shareholders Transparent and fair shareholding structure; Directors, executives and major shareholders do not have conflict of interests or

: Annual Registration Statements (form 56-1) and Annual report (form 56-2) Important information that must be disclose are, such as, Risk factors Type of operation Capital structure Management structure

be authorized by law; the contents shall be clear, practical and consistent with final-considered measure. ​​9. ​Conduct public consultation on the draft notification: This step ensures that the draft

that the organization structure of is designed or efficient measures installed to prevent conflicts of interests effectively. ​​(2) Where the person appointed as a fund manager is an employee of the

that the organization structure of is designed or efficient measures installed to prevent conflicts of interests effectively. ​​(2) Where the person appointed as a fund manager is an employee of the

theSEC's website. Signatures of audit firm's leader and authorized director are required. Photocopy of the applicant's passport. Signature of the applicant to certify true copy is required. Photocopy of an

and authorized director are required. Photocopy of the applicant's passport. Signature of the applicant to certify true copy is required. Photocopy of an evidence of certified public accountant

(FASB). Such financial statements must be audited and given opinions by authorized auditors in the countries where the investment units are offered. This information must be clearly specified in the

Institution of Certified Public Accountants (AICPA) or the Financial Accounting Standards Board (FASB). Such financial statements must be audited and given opinions by authorized auditors in the countries where

. The following diagram summarizes discrepancies and similarities of an Infrastructure Fund (IFF) and Infra Trust.    Regulatory Summary​     Structure of infra trust The major rules Investments in