, the executives will be exempted from the reporting requirements under section 59. The criteria for approval of the program is that it must be demonstrated that internal information is not used to the
are, such as, Risk factors Type of operation Capital structure Management structure Related transaction Evaluation report of the internal control system by Internal Auditor (IA) Management Discussion
Checklist for MD&A Internal Control Sufficiency Evaluation Form Summary of Auditors' Reports (form 61-4) Form 81-1-IPO200 Report of Allocation of shares from Segregated Portion for the Sponsors List of
comply with the decision of the board of directors. For instance, an internal auditor may be assigned to monitor the allocation, etc. 2. Proportion of IPO shares being allocated Sponsors: not more
) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control with respect to business operation; (5) have operational system promptly for
) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control with respect to business operation; (5) have operational system promptly for
insufficient. There is no reason to doubt that the company does not have sufficient system to disclose information in a continued and credible manner. Good internal control Specify the scope of powers and
Securities Companies Net Capital Rule (NCR) Outsourcing Activities Note: * General functions include; for example; risk management, inspection and internal control, compliance, etc. **Central
business in the category of venture capital management; consideration on which will be taken into account its internal control system, record keeping system and system for making reports concerning venture
business in the category of venture capital management; consideration on which will be taken into account its internal control system, record keeping system and system for making reports concerning venture