/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
articles do not specify such investment policy, the investment policy associates with minimal risks shall apply.” SECTION 6. The following provision shall be added as the second paragraph of Section 17(1) of
the employee. In cases where no investment policy has been assigned by the employee, the previous investment policy or that associated with minimal risks shall apply, as the case may be. SECTION 17. The
order to protect customers, maintain stability of the financial system or control the risks arising from derivatives, the Capital Market Supervisory Board shall have the power to specify in its
associates with minimal risks shall apply. Section 17.3 The fund manager shall prepare an account segregating all fund assets by recording incomes and expenses according to the types of funds, as follows: (1
policy, the investment policy specified in the fund’s article shall apply. In cases where the fund’s articles do not specify such investment policy, the investment policy associates with minimal risks
under which, (1) the consideration is paid for at a fair market price; (2) the special purpose juristic person will take the risks and receive returns on the assets; and (3) the special purpose juristic
the following matters: (1) sufficient financial resources for the conduct of and risks associated with its operations; (2) safety of its clients’ assets; (3) security measures against electronic crime
) sufficient financial resources for the conduct of and risks associated with its operations; (2) safety of its clients’ assets; (3) security measures against electronic crime, which are capable of protecting