Annex 1: Host Economy Laws and Regulations, Annex 2: Common Regulatory Arrangements and Annex 3: Passport Rules as prescribed in Memorandum of Cooperation on the Establishment and Implementation of the

provided in the application; (2) The licensee shall maintain the qualifications and arrangements set out under Clause 3 at all time during which it undertakes gold derivatives brokerage business; (3) The

to types, characteristics, structures, goods or variable and conditions of the derivatives; (3) benefits or returns and profit or loss which the clients will receive from entering into derivatives

securities company which is in a financial conglomerate with any of the following shareholding structures will be able to submit a request for an exemption from appointment of its independent director to the

structures indicate that it is acting as a business unit within a financial conglomerate as accepted by the Office. The procedures mentioned in the first paragraph should contain all necessary details to be

view that the licensee is able to show that it has: (a) already provided sound and effective arrangements for management; (b) policy and effective measures for preventing conflict of interests, leaking

and support as well as strategic positioning of the Company or the group of companies in relation to the business group of the majority shareholder. If the business structures of the Company or the

the licensee is able to show that it has: (a) already provided sound and effective arrangements for management; (b) policy and effective measures for [i] preventing conflicts of interest, [ii

as a result of acts or omission to act intentionally or negligently [causing damage to the intermediary ]; (b) measures and arrangements for business continuity of service provider which shall include

: (a) liability to the intermediary as a result of the service provider acting or omitting to act intentionally or negligently; (b) measures and arrangements for business continuity of the service