profit or sharing income among themselves, securities business, only by virtue of the provisions of this Act.

interest Total 1. Balance at the beginning 25x0 x x x x x x x (x) x x 2. Accumulation from write off x x x 3. Adjusted balance x x x x x x x (x) x x Alteration between a period 4. Appraisal surplus x x 5

during the course of business undertaking shall be taken into account in making risk appraisal; (3) measures for prevention of inside information leaking between work units and personnel of a securities

by the Association; (4) The advertisement which presents the comparison or the difference between return from investment in the fund and other investments shall incorporate material information which

comparison or the difference between return from investment in the fund and other investments shall incorporate material information which enables the investors to understand the differences among various

the person who will become the mutual fund supervisor; (2) relationship between the mutual fund supervisor and the securities company; (3) arrangement of organizational structure and internal controls

many clients which have rendered improper benefits to them as a result of conflict of interest among them; (6) entering into a transaction between the intermediary or its related party and on behalf of

be a job description explaining duties and responsibilities of each unit and position. 3. There should be a clear segregation between the unit with investment management function and the unit with back

brokerage, securities dealing or underwriting of investment units All mutual fund supervisors No. SEC. Nor Jor. (Wor) 1/2564 Re: Mutual Recognition of Funds between Hong Kong Special Administrative Region of

) measures on the use of cloud computing under the policy established in Clause 8(1) which covers: (a) an agreement between the cloud provider and the intermediary which contains at least the following matter