honestly and care to preserve the interests of all unitholders, using knowledge and competence as a professional. The securities company shall have a policy on prevention of conflicts of interest in managing
management • In managing a mutual fund, the AMC must proceed with honestly and care to preserve the interests of all unitholders, using knowledge and competence as a professional. • The AMC must have a policy
maintain reserves in accordance with the rules and procedures as specified by the SEC with the approval of the Minister. SECTION 27. All fees specified in the ministerial regulations, other fees received by
comprise the money transferred in accordance with the provisions of Section 319 and Section 320. SECTION 26. The SEC Office shall maintain reserves in accordance with the rules and procedures as specified by
. Section 15/1. The agent to collect and receive payments of debts shall have a duty to maintain separately an account and a list of the debtors’ name in respect of the transferred assets. A debtor shall be
assets as collateral, mutatis mutandis . Section 15/1. The agent to collect and receive payments of debts shall have a duty to maintain separately an account and a list of the debtors’ name in respect of
two of Section 308 of the Civil and Commercial Code shall not be prejudiced. The agent who collects and receives payments of debts under the first paragraph shall have a duty to maintain separately an
/ActandRoyalEnactment/Act/act-sea2008-no4.pdf DRAFT order to protect customers, maintain stability of the financial system or control the risks arising from derivatives, the Capital Market Supervisory Board shall have
of the Minister. Section 27. Where it is necessary to maintain the economic and financial stability of the country, or to protect the public interest, the Minister, upon the recommendation of the SEC
Minister. Section 27. Where it is necessary to maintain the economic and financial stability of the country, or to protect the public interest, the Minister, upon the recommendation of the SEC, shall have