Institution Problems” means a person who makes decisions to invest in real estate or leasehold right, select or propose to the unitholders or his designated person who makes decisions on investment in real
real estate or leasehold right of the following mutual funds: (1) property fund; (2) property fund for solving financial institution problems; (3) mutual fund for solving financial institution problems
problems; (3) mutual fund for solving financial institution problems; (4) property and loan fund. Chapter 2 Appointment of Fund Manager ______________________ Clause 4. In appointing fund manager, the
for Establishment and Management of Property Funds for Solving Financial Institution Problems ; (2) Notification of the Capital Market Supervisory Board regarding Rules, Conditions and Procedures for
. Clear procedures to report mistakes or frauds to the superiors and high level executives. 4. Approach to solve problems immediately regarding keeping the client’s assets. 5. Person responsible for taking
the first paragraph shall not apply to the liquidation of property funds for solving financial institutions problems and property and loan funds. Clause 12. Where the liquidator is unable to perform its
use in solving problems, on which companies shall inform its responsible officers. Also, when critical business functions have been restored to normal, companies shall notify the SEC to acknowlege as
significantly, the securities company shall inform its clients of certain change without delay; (2) inform its clients that when a securities company encounters financial problems, the client’s money which has
cause damage or having any circumstance which indicates an ongoing financial problems; (3) there is no reasonable ground to believe that there is a deficiency or inappropriateness relating to the control
where the securities company encounters financial problems, the clients’ money under custody of the securities company shall not be protected under the Deposit Protection Agency Act; (3)2 provide a