. 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

of an Infrastructure Fund (IFF) and Infra Trust.    Regulatory Summary​     Structure of infra trust The major rules Investments in infrastructure assets  A Trust for high net-worth investors vs retail

: 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

resembles the international supervisory framework. The audit quality control regulatory shall be performed at both individual auditor level and firm level. In order to enhance quality and reliability of the

enhance audit quality of financial statements of entities under the SEC oversight to ensure confidence on financial reporting disclosed to the public. The SEC requires the auditor in the capital market to

information to the investors, representing the financial position and operating performance of the entities in the capital market, and is one of the most crucial factors to enhance investor confidence in the

resembles the international supervisory framework. The audit quality control regulatory shall be performed at both individual auditor level and firm level. In order to enhance quality and reliability 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

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

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