establishing a trust, to filing an application with the SEC for approval of an offer for sale of units of the trust, and to managing the trust. Regulatory Summary Qualifications Main duties of a Trust
. Regulatory Summary Main Duties of a Trustee Ensure that the trust deed is executed in compliance with the laws Appoint a trust manager Prepare a trust property account in separation from any other accounts
or abetting thereof. If the aforesaid behaviors occurred more than ten years ago or such behavior is not severe to the extent that the person should not be entrusted to perform duty as auditor of
. Transactions on principal assets/with related persons Acquisition/disposal of principal assets Transaction size (X) in propotion to total asset value Execution of transactions small X < 10% at
main board of foreign stock exchange, shall be granted the approval as foreign auditors in the capital market withoutfull inspection prior t o approval. (2) Normal: auditors who do not meet the
statements of entities whose securities are publicly traded in main board of foreign stock exchange, shall be granted the approval as foreign auditors in the capital market withoutfull inspection prior t o
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
Corporate governance (CG) / control of usage of internal information The total number of staff, number of staff in the main fields, accumulated remuneration, labour disputes (if any) Anti-corruption Corporate
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
size. Evaluate the sufficiency of the internal control system at least once a year. Qualifications of the Chief Financial Officer (CFO) and accountants Public Offering (PO) Secondary Public