Following investors’ complaints and SEC’s further investigation, it was found that during 2013 – early 2015, a group of persons opened a learning course on the topic of technical analysis and gave
of unit-linked insurance policies. He did not deliver the money to the company and spent the money for his own interest instead. As a result, the clients’ insurance policies and the protection
denied the authorization of the whole arrangement. {D} and {A} subsequently entered into an agreement with the client whereas the client agreed to formalize the past buying transaction by signing the
providing services to clients with loyalty while applying knowledge and skills with discretion as professional. In the case of SKFM, SEC ordered the company, a small-sized asset management company whose
further actions, it will be considered that auditor has performed duties in compliance with Section 89/25. Q: What kind of behavior that requires auditor to report to audit committee? A: Auditor has
. Her action was deemed failure to perform duty with responsibility, due care, and loyalty for the best interest of the company, which was a violation of Section 89/7 of the SEA. This case is under
authorized director, causing the company to suffer losses. His action was deemed failure to perform duty with responsibility, due care, and loyalty for the best interest of the company, which was a violation
consider whether such employee would be able to perform duties to the best of his/her ability. Q: Can a listed company appoint more than one person as company secretary? A: Yes, but each must be appointed