will notify the results within 90 days after receiving the application and a complete set of the required documents. (2) Applying for automatic approval The mutual fund management company shall submit
) (1) A mutual fund having the investment policy in money market funds which specify constant offering and repurchase prices all the time, or MMF constant NAV, shall not file for automatic approval of
under its responsibility Ensure that units offered for sale exclusively for high net worth investors are not allocated to retail investors Oversee to ensure that the trust is not becoming a private trust
. A trustee's main duties are to: oversee that the trust instrument is established in conformity with relevant laws; appoint a trust manager; prepare a trust property account in segregation from a
an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager. A trustee's main duties are to: oversee that the trust instrument is
constant offering and repurchase prices all the time, or MMF constant NAV, shall not file for automatic approval of the fund establishment. (2) The calculation for the number of investment units (2.1) Fix
receiving a payment for a securities trading for any person; 5. Placing money or other assets as collateral for securities trading of any person; 6. Allowing any person to receive benefits or oversee payment
conflict of interests, oversee dishonest acts or connected transactions of directors and executive, as well as to ensure that executive director has performed duty in accordance with the assigned authority