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
proceed in accordance with Section 31/7; in this regard, the retiring board members shall remain in office until the successor assumes duties.” SECTION 6 The following provisions shall be added as (1/1) and
also be empowered to proceed with subsection (2), (3) or (4). SECTION 51. In cases where the SEC Office issues orders to suspend the operation of a derivatives business operator either in whole or in
also be empowered to proceed with subsection (2), (3) or (4). SECTION 51 . In cases where the SEC Office issues orders to suspend the operation of a derivatives business operator either in whole or in
organization ; (3) unit or organization of foreign government, international organization and juristic person under law of foreign jurisdiction; (4) juristic person established by specific law; and (5) issuing
organization of foreign government, international organization and juristic person under law of foreign jurisdiction; (4) juristic person established by specific law; and (5) issuing entity established in any
of conflicts with other laws when applying trust for transactions in the capital market, it shall proceed as follows: (1) in cases where a trustee prepares an account of property and segregate the
notification under Section 58; (4) fail to meet the conditions under Section 56. SECTION 61 In avoidance of conflicts with other laws when applying trust for transactions in the capital market, it shall proceed
avoidance of conflicts with other laws when applying trust for transactions in the capital market, it shall proceed as follows: (1) in cases where a trustee prepares an account of property and segregate the
termination of employment or old age, the fund manager or the liquidator shall proceed with the employee’s intention, providing that the registrar may prescribe the criteria and condition.” SECTION 10. The