Licensed Firm must conduct proper due diligence of the Professional to ensure that he/she has satisfied the entry requirements as prescribed by the Host Regulator. 3.3.3 Validity of ACMF Pass (1) The
_____________________________________________________________________ Remark: The reason for issuing this Notification is to administer financial institutions which are licensed to undertake securities borrowing and lending business to hold custody of clients’ assets
_____________________________________________________________________ Remark: The reason for issuing this Notification is to administer financial institutions which are licensed to undertake securities borrowing and lending business to hold custody of clients’ assets
appeal? The SEC Office reconsider- action Revoke or amend the order Administrative Court The SEC Board consideration Is the appellant satisfied? The SEC Office imposes the sanction. Administrative Panel
satisfied over time, using input method, and no revised budget needed Consolidated Financial Statements Customer 20 100% Company A Company B Contract 10 MB cost 1 MB subcontract 8 MB cost 2 MB Assumption
Notification, of an applicant, directors, managers and administer directors including deputy managers, assistant managers, department directors and other persons with different titles but hold similar positions
) having internal control system which is approved by high-level management. In this case, such system shall; (a) generate good control environment; (b) assess, administer and manage any risks which arise or
, administer and manage any risks which arise or may arisen from conducting business to be at a controllable level which have no impact on undertaking of fund management; (c) determine efficient control
Audit Committee has considered the transaction and has opinion that the transaction is necessary and reasonable because the return on their investment is not satisfied and technology is very important in
business due to all transactions are taking to supporting the business operation and also the terms and conditions are satisfied. Please be informed accordingly. Sincerely yours