Commission governing the maintenance of financial status of a licensed securities company; (2) shareholders’ equity as shown in the latest financial statement that has been audited by an auditor approved by

) maintain a net liquid capital according to rules prescribed by the notification of the Securities and Exchange Commission governing the maintenance of financial status of a licensed securities company; (2

. © International Corporate Governance Network (2013) 9 All decisions should be taken in the interests of the beneficiaries or clients. Their governing bodies should therefore have a structure and constitution that

governing the maintenance of financial status of a licensed derivatives broker; (2) shareholders’ equity as shown in the latest financial statement that has been audited by an auditor approved by the Office

of the Securities and Exchange Commission governing the maintenance of financial status of a licensed derivatives broker; (2) shareholders’ equity as shown in the latest financial statement that has

with other laws shall comply with such governing laws.

juristic person licensed to undertake derivatives exchange; “derivatives clearing house” means a juristic person licensed to undertake derivatives clearing house; “Notification governing approval for auditor

derivatives clearing house; “Notification governing approval for auditor” means the Notification of the Office of the Securities and Exchange Commission governing approval for auditor issued under the

for board appointments and putting forward recommendations to shareholders on directors to be elected and re-elected; c) upholding the principle of director independence by addressing conflicts of

auditors and perform the audit under the provisions of the law governing auditors and any additional regulations specified in the notification of the SEC. The approval of the auditor under the first