Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange (for Public Consultation)

Size: px
Start display at page:

Download "Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange (for Public Consultation)"

Transcription

1 Futures Trading Participant Eligibility Management Rules of the Shanghai International Energy Exchange (for Public Consultation) Table of Contents Chapter 1 General Provisions... 2 Chapter 2 Trader s Eligibility Management Standard... 3 Chapter 3 Implementation of the Trader s Eligibility Management... 5 Chapter 4 Supervision on Trader s Eligibility Management... 8 Chapter 5 Miscellaneous

2 Chapter 1 General Provisions Article 1 The following rules are formulated, pursuant to the Regulations on the Administration of Futures Trading, related authorities laws and regulations, and the rules of the Shanghai International Energy Exchange ( the Exchange ), to promote rational participation by futures trading participants (the trader ) in the futures market, protect all traders legitimate rights and interests, and ensure stable, legalized and healthy development of the futures market. Article 2 A trader refers to a natural person, a legal person or any other organization that engages in futures trading and assumes the associated risks and responsibilities. Article 3 A Futures Firm Member (the FF Member ), an Overseas Special Brokerage Participant (the OSB Participant ), an Overseas Intermediary (collectively the Account Opening Institution ), or any other institution that engages in futures trading on or through the Exchange shall assess traders futures knowledge and risk tolerance in conformity with the requirements of these Rules, and only accept those eligible traders to prudently engage in futures trading. 2

3 Article 4 A Trader shall perform comprehensive self-assessment of its knowledge of the market and products, risk control and tolerance and its financial capabilities in accordance with the requirements of these Rules, and prudently decide whether to engage in the futures trading. Chapter 2 Trader s Eligibility Management Standard Article 5 When an Account Opening Institution applies to the Exchange for a trading code on behalf of an institutional trader, such institutional trader shall meet the following criteria: 1. having related practitioners with basic knowledge of futures and understanding of the relevant rules of the Exchange; 2. having records of filled orders of simulated futures trading in domestic market for at least ten (10) days, or records of no less than ten (10) filled orders on either any of the domestic futures exchanges or any of those overseas futures exchanges regulated by its competent financial regulatory authority that has a regulatory memorandum of understanding with the China Securities Regulatory Commission (the CSRC ); 3. having implemented sound futures trading management practices and procedures, covering futures trading decision-making, order placing, funds transfer, physical delivery and other business 3

4 management practices and procedures, as well as appropriate risk control practices and procedures for futures trading; 4. having a sound information communication mechanism, including timely updating and circulating the information of its head of futures trading and related business practitioners to its Account Opening Institutions; 5. not having any material adverse credit record or been imposed a ban on futures market by any competent regulatory authority; and 6. not being prohibited or banned from engaging in futures trading, pursuant to any laws, administrative and ministerial regulations, or the rules of the Exchange. Article 6 When an Account Opening Institution applies to the Exchange for a trading code on behalf of an individual trader, such individual trader shall meet the following criteria: 1. having full civil capacity; 2. having basic knowledge of futures and understanding the relevant rules of the Exchange; 3. having records of filled orders of simulated futures trading in domestic market for at least ten (10) days,and available balance in his/her margin account no less than RMB one hundred thousand (100,000) or its equivalent in foreign currency by the end of the previous trading day; or having been trading on any of other domestic futures exchanges or any of those overseas futures exchanges 4

5 regulated by its competent financial regulatory authority that has a regulatory memorandum of understanding with the CSRC and having trade records of no less than ten (10) filled orders within the past three (3) years; 4. not having any material adverse credit record or being imposed a ban on futures market by any competent regulatory authority; and 5. not being prohibited or banned from engaging in futures trading, pursuant to any laws, administrative and ministerial regulations, or the rules of the Exchange. Article 7 The Exchange may adjust the criteria of trader s eligibility in accordance with the market conditions. Chapter 3 Implementation of the Trader s Eligibility Management Article 8 An Account Opening Institution shall comply with the Exchange s guidance following these Rules to establish sound business rules and an implementation plan for trader eligibility management, and specify internal division of responsibilities and business procedures for conducting comprehensive assessments of the background, related investment experience, financial capabilities and credit record of traders. 5

6 Article 9 An Account Opening Institution shall establish and effectively implement accountability mechanism for Client on-boarding, in which the responsibilities of senior management, head of business operations, head of marketing and sales, appraisal reviewer, account opening operator and Client development personnel shall be specified. Article 10 An Account Opening Institution shall fully disclose to each trader the futures trading risks, the applicable futures laws, regulations, relevant rules, provisions or decisions of the Exchange, strictly verify each trader s funds, prudently assess each trader s credit standing and risk tolerance, and carefully examine each trader s account application materials. Article 11 An Account Opening Institution shall provide guiding instructions to traders with newly opened accounts, urge them to comply with the relevant laws, administrative and ministerial regulations applicable to futures trading, and the rules, relevant provisions and decisions of the Exchange, conduct ongoing education on risk management, and strengthen legal and compliance management related to traders trading activities. Article 12 An Account Opening Institution shall establish profile archive for each trader and keep traders information in strict confidence. 6

7 Article 13 An Account Opening Institution shall provide reasonable channels for traders to file complaints, the method and procedures of filing complaints, properly handle disputes, and urge traders to protect their rights and interests lawfully. Article 14 A Trader shall submit account opening materials and information truthfully to an Account Opening Institution, and shall not evade the requirements prescribed in these Rules by submitting fraudulent materials or information. Article 15 A Trader shall adhere to the principle that buyers and sellers are responsible for their own futures trades, undertake the obligations thereof, and shall not disavow such obligations on the account of not meeting the trader eligibility criteria. Article 16 All traders shall abide by the following rules: 1. trading code rules, under which trading with aggregated or netted multi-clients positions is prohibited; 2. proactive declaration of accounts with affiliation relationships according to the relevant provisions, and accepting the corresponding supervision. Article 17 A Trader shall, abide by the relevant laws and regulations, protect their legitimate rights and interests with appropriate means, and shall not harm the lawful rights or interests of the state, the society, the community or any other third parties, or 7

8 disrupt public order or the work order of the Exchange and relevant institutions. Article 18 Where an FF Member or an OSB Participant has entered into a carrying-brokerage agreement with an Overseas Intermediary, such FF member or OSB Participant shall establish on-boarding practices and implement the relevant requirements prescribed in these Rules. Such FF Member or OSB Participant shall review the relevant business of the Overseas Intermediary. Article 19 When enlisting a company with introducing broker license to assist with account opening, an FF Member shall establish on-boarding rules with such company in order to implement the relevant requirements prescribed in these Rules, and shall review the relevant businesses of such company. Chapter 4 Supervision on Trader s Eligibility Management Article 20 The Exchange will perform inspections on Account Opening Institutions implementation of these Rules. Account Opening Institutions shall cooperate on such inspections and shall truthfully provide account opening materials, breakdown of account activities and other relevant materials, and shall not conceal any information, obstruct or refuse such inspections by the Exchange. 8

9 Article 21 If an Account Opening Institution violates any of these Rules, the Exchange may take measures including but not limited to a demand for rectification, warning, public censure, suspension of position opening, suspension of futures business, and/or revocation of membership or qualification of OSB Participants. In cases where the violations are considered serious, the Exchange may recommend the imposition of administrative penalties or disciplinary sanctions by the CSRC, the China Futures Association (the CFA ) and/or the competent futures regulatory authorities in the home state or region where the overseas Account Opening Institution is established. Article 22 In cases where an employee of an Account Opening Institution is responsible for any violation, the Exchange may take measures including but not limited to warning, public censure, suspension of futures business and/or revocation of the qualification to conduct futures business on the Exchange. In cases where the violations are considered serious, the Exchange may recommend the imposition of administrative penalties or disciplinary sanctions, such as revoking the qualification of management position, or the practitioner s qualification, to the CSRC, the CFA and/or the competent futures regulatory authorities in the home state or region 9

10 where the employing overseas Account Opening Institution is established. Chapter 5 Miscellaneous Rules. Article 23 The Exchange reserves the right to interpret these Article 24 These Rules shall be effective as of [ ] 10

Guidelines of China Financial Futures Exchange on Monitoring Abnormal Transactions Monitoring Abnormal Transactions (Trial)

Guidelines of China Financial Futures Exchange on Monitoring Abnormal Transactions Monitoring Abnormal Transactions (Trial) Guidelines of China Financial Futures Exchange on Monitoring Abnormal Transactions Monitoring Abnormal Transactions (Trial) (Adopted on November 15, 2010; amended for the first time on April 10, 2015)

More information

Measures for Shanghai-Hong Kong Stock Connect Pilot Program by the Shanghai Stock Exchange

Measures for Shanghai-Hong Kong Stock Connect Pilot Program by the Shanghai Stock Exchange Measures for Shanghai-Hong Kong Stock Connect Pilot Program by the Shanghai Stock Exchange Disclaimer: The Chinese version of the rules issued by the Shanghai Stock Exchange shall prevail, while the English

More information

Membership Management Rules of Shenzhen Stock Exchange

Membership Management Rules of Shenzhen Stock Exchange Membership Management Rules of Shenzhen Stock Exchange Chapter I General Rules 1.1 These Rules are formulated in accordance with the Securities Law of the People s Republic of China (hereinafter, the Securities

More information

Temporary Measures on Overseas Use of Foreign Exchange Insurance Funds 保 险 外 汇 资 金 境 外 运 用 管 理 暂 行 办 法

Temporary Measures on Overseas Use of Foreign Exchange Insurance Funds 保 险 外 汇 资 金 境 外 运 用 管 理 暂 行 办 法 Temporary Measures on Overseas Use of Foreign Exchange Insurance Funds 保 险 外 汇 资 金 境 外 运 用 管 理 暂 行 办 法 Chapter I General Provisions Article 1 These Measures are formulated in accordance with the Insurance

More information

Law of the People s Republic of China on Product Quality

Law of the People s Republic of China on Product Quality Law of the People s Republic of China on Product Quality Full text Chapter I General Provisions Article 1 This Law is enacted to strengthen the supervision and control over product quality, to improve

More information

Regulations on Administration of Insurance Salespersons 保 险 营 销 员 管 理 规 定. Regulations on Administration of Insurance Salespersons

Regulations on Administration of Insurance Salespersons 保 险 营 销 员 管 理 规 定. Regulations on Administration of Insurance Salespersons Regulations on Administration of Insurance Salespersons 保 险 营 销 员 管 理 规 定 (The CIRC Ordinance No. 3 2006 ) Reviewed and adopted at the Chairman Meeting of the China Insurance Regulatory Commission on March

More information

Trading Rules of Dalian Commodity Exchange

Trading Rules of Dalian Commodity Exchange Trading Rules of Dalian Commodity Exchange Chapter 1 General Provisions 1. Subject to the State laws, regulations and policies that are applicable and Bylaws of Dalian Commodity Exchange (the Bylaws ),

More information

Measures on Administration of Health Insurance

Measures on Administration of Health Insurance Measures on Administration of Health Insurance 健 康 保 险 管 理 办 法 No.8 [2006] Reviewed and adopted at the Chairmen Meeting of the China Insurance Regulatory Commission on June 12, 2006, Measures on Administration

More information

Regulation on Credit Reporting Industry

Regulation on Credit Reporting Industry Translated from Chinese Order of the State Council (No. 631) The Regulation on the Credit Reporting Industry, as adopted at the 228th session of the executive meeting of the State Council on December 26,

More information

How To Trade In China

How To Trade In China TRADING RULES OF SHANGHAI STOCK EXCHANGE Circular on the Promulgation of the Trading Rules of Shanghai Stock Exchange The Trading Rules of Shanghai Stock Exchange have been approved by China Securities

More information

Regulations on Administration of Foreign Law Firms' Representative Offices in China

Regulations on Administration of Foreign Law Firms' Representative Offices in China Regulations on Administration of Foreign Law Firms' Representative Offices in China (Adopted at the 51st Executive Meeting of the State Council on December 19, 2001, promulgated by the Decree No. 338 of

More information

Lawyers Law, 2007, available at http://www.npc.gov.cn/englishnpc/law/2009-02/20/content_1471604.htm

Lawyers Law, 2007, available at http://www.npc.gov.cn/englishnpc/law/2009-02/20/content_1471604.htm Law of the People s Republic of China on Lawyers Order of the President of the People s Republic of China No. 76 The Law of the People s Republic of China on Lawyers, revised and adopted at the 30th Meeting

More information

GUIDELINES FOR THE ADMINISTRATION OF INSURANCE AGENTS - 2010

GUIDELINES FOR THE ADMINISTRATION OF INSURANCE AGENTS - 2010 GUIDELINES FOR THE ADMINISTRATION OF INSURANCE AGENTS - 2010 PART I - PRELIMINARY Purpose and Authorisation 1. These Guidelines are intended to provide the framework and procedure for the licencing and

More information

Provisional Regulations on Administration of Stock Investment0020of Insurance Institutional Investors 保 险 机 构 投 资 者 股 票 投 资 管 理 暂 行 办 法

Provisional Regulations on Administration of Stock Investment0020of Insurance Institutional Investors 保 险 机 构 投 资 者 股 票 投 资 管 理 暂 行 办 法 Provisional Regulations on Administration of Stock Investment0020of Insurance Institutional Investors 保 险 机 构 投 资 者 股 票 投 资 管 理 暂 行 办 法 Chapter 1 General Provisions Article 1 These Regulations are formulated

More information

ANTI BRIBERY AND FOREIGN CORRUPT PRACTICES ACT COMPLIANCE POLICY

ANTI BRIBERY AND FOREIGN CORRUPT PRACTICES ACT COMPLIANCE POLICY ANTI BRIBERY AND FOREIGN CORRUPT PRACTICES ACT COMPLIANCE POLICY THIS POLICY DOES NOT CREATE A CONTRACT OF EMPLOYMENT OR ALTER THE AT WILL NATURE OF ANY EMPLOYEE S EMPLOYMENT IN ANY WAY. 1. Statement of

More information

TRADING RULES OF SHANGHAI STOCK EXCHANGE

TRADING RULES OF SHANGHAI STOCK EXCHANGE TRADING RULES OF SHANGHAI STOCK EXCHANGE Circular on the Promulgation of the Trading Rules of Shanghai Stock Exchange The Trading Rules of Shanghai Stock Exchange have been approved by China Securities

More information

Regulations on Supervision and Administration Responsibilities of Local Offices

Regulations on Supervision and Administration Responsibilities of Local Offices Regulations on Supervision and Administration Responsibilities of Local Offices of the China Insurance Regulatory Commission 中 国 保 险 监 督 管 理 委 员 会 派 出 机 构 监 管 职 责 规 定 (The CIRC Ordinance No. 2004-7) Reviewed

More information

Not an Official Translation On Procedure of Coming into Effect of the Law of Ukraine On State Regulation of the Securities Market in Ukraine

Not an Official Translation On Procedure of Coming into Effect of the Law of Ukraine On State Regulation of the Securities Market in Ukraine Not an Official Translation Translation by Financial Markets International, Inc., with funding by USAID. Consult the original text before relying on this translation. Translation as of July 1999. RESOLUTION

More information

Regulations on Administration of Internet News Information Services

Regulations on Administration of Internet News Information Services Regulations on Administration of Internet News Information Services (Promulgated by the Press Office of the State Council and Ministry of Information Industry on 25 September 2005 and effective as of date

More information

(Restated) Notification of the Agricultural Futures Exchange of Thailand No. TorGorKhor 2/2551 re: Trading Platform Officers

(Restated) Notification of the Agricultural Futures Exchange of Thailand No. TorGorKhor 2/2551 re: Trading Platform Officers (Restated) Notification of the Agricultural Futures Exchange of Thailand No. TorGorKhor 2/2551 re: Trading Platform Officers ******************** By virtue of clause 7 of Regulation of the Board of Directors

More information

REGULATIONS GOVERNING SYSTEM AUDIT [REGULATORY COMPLIANCE] OF THE BROKERS OF THE KARACHI STOCK EXCHANGE

REGULATIONS GOVERNING SYSTEM AUDIT [REGULATORY COMPLIANCE] OF THE BROKERS OF THE KARACHI STOCK EXCHANGE REGULATIONS GOVERNING SYSTEM AUDIT [REGULATORY COMPLIANCE] OF THE BROKERS OF THE KARACHI STOCK EXCHANGE (As amended on July 17, 2012 and sent for Gazette Notification) PREAMBLE Whereas, it is considered

More information

1) Company Details. Trading/Contact Address. Registered Address (Limited Companies only) Firm Principal Contact Details

1) Company Details. Trading/Contact Address. Registered Address (Limited Companies only) Firm Principal Contact Details AR FIRM APPLICATION FORM Please note for AR applications; only one principal at your firm is required to complete this. All principals and advisers, (including yourself) must also complete an individual

More information

TABLE OF CONTENTS. This act shall be known and may be cited as the Appraisal Management Company Registration Act.

TABLE OF CONTENTS. This act shall be known and may be cited as the Appraisal Management Company Registration Act. Appraisal Management Company Registration Act 63 P.S. 457.21 457.31 (Current through 02/02/2012) (When referring to section numbers, use a truncated version of the number after the decimal point. For example,

More information

Fitness and Probity Standards (Code issued under Section 50 of the Central Bank Reform Act 2010)

Fitness and Probity Standards (Code issued under Section 50 of the Central Bank Reform Act 2010) 2014 Fitness and Probity Standards (Code issued under Section 50 of the Central Bank Reform Act 2010) Fitness and Probity Standards 1 Contents 1. Introduction 2 2. Fitness and Probity Standards 8 3. Conduct

More information

中 国 保 险 中 介 监 管 及 其 对 保 险 消 费 者 的 保 护. China Insurance Intermediaries Regulation and Insurance Consumers Protection

中 国 保 险 中 介 监 管 及 其 对 保 险 消 费 者 的 保 护. China Insurance Intermediaries Regulation and Insurance Consumers Protection 中 国 保 险 中 介 监 管 及 其 对 保 险 消 费 者 的 保 护 China Insurance Intermediaries Regulation and Insurance Consumers Protection 1 China Insurance Intermediaries System Insurance Intermediary companies Insurance Agency

More information

Securities and Commodities Regulations in the United Arab Emirates. by Afridi & Angell

Securities and Commodities Regulations in the United Arab Emirates. by Afridi & Angell Securities and Commodities Regulations in the United Arab Emirates by Afridi & Angell The Emirates first stock exchange, the Dubai Financial Market, has been trading since mid 2000. A stock exchange was

More information

A Guide to the Financial Services Regulations

A Guide to the Financial Services Regulations A Guide to the Financial Services Regulations Contents Chapter 1 2 Introduction to the Financial Services Regulations Legislative Background Chapter 2 3 Overview of FSR Regulated Activities Authorisation

More information

BATS Y-EXCHANGE, INC.

BATS Y-EXCHANGE, INC. BATS Y-EXCHANGE, INC. RULES OF BATS Y-EXCHANGE, INC. (Updated as of November 18, 2015) TABLE OF CONTENTS i Page CHAPTER I. Adoption, Interpretation and Application of Rules, and Definitions... 1 Rule 1.1.

More information

THE BANKING AND FINANCIAL INSTITUTIONS (DISCLOSURES) REGULATIONS, 2014 ARRANGEMENT OF REGULATIONS PART I PRELIMINARY PROVISIONS

THE BANKING AND FINANCIAL INSTITUTIONS (DISCLOSURES) REGULATIONS, 2014 ARRANGEMENT OF REGULATIONS PART I PRELIMINARY PROVISIONS GOVERNMENT NOTICE NO. 289 published on 22/08/2014 THE BANKING AND FINANCIAL INSTITUTIONS (DISCLOSURES) REGULATIONS, 2014 ARRANGEMENT OF REGULATIONS Regulation Title PART I PRELIMINARY PROVISIONS 1. Citation.

More information

Rules Governing the Listing of. Stocks on Shanghai Stock Exchange

Rules Governing the Listing of. Stocks on Shanghai Stock Exchange Rules Governing the Listing of Stocks on Shanghai Stock Exchange Declaration: The English version of the Rules Governing the Listing of Stocks on Shanghai Stock Exchange is for reference only. In case

More information

COLORADO DEPARTMENT OF REGULATORY AGENCIES. Division of Professions and Occupations Office of Speech-Language Pathology Certification

COLORADO DEPARTMENT OF REGULATORY AGENCIES. Division of Professions and Occupations Office of Speech-Language Pathology Certification COLORADO DEPARTMENT OF REGULATORY AGENCIES Division of Professions and Occupations Office of Speech-Language Pathology Certification 4 CODE OF COLORADO REGULATIONS (CCR) 748-1 RULES REGULATING SPEECH-LANGUAGE

More information

RULES OF EDGA EXCHANGE, INC.

RULES OF EDGA EXCHANGE, INC. EDGA EXCHANGE, INC. RULES OF EDGA EXCHANGE, INC. (Updated: October 23, 2015) TABLE OF CONTENTS CHAPTER I. ADOPTION, INTERPRETATION AND APPLICATION OF RULES, AND DEFINITIONS...1 Page Rule 1.1. Adoption

More information

Listing Agents and Corporate Advisers

Listing Agents and Corporate Advisers Listing Agents and Corporate Advisers GUIDE TO BECOMING A LISTING AGENT OR CORPORATE ADVISER The Cayman Islands Stock Exchange P.O. Box 2408GT Grand Cayman Cayman Islands Telephone: +1 345 945 6060 Email:

More information

China Internet Domain Name Regulations

China Internet Domain Name Regulations China Internet Domain Name Regulations "China Internet Domain Name Regulations" has been reviewed and approved on the 8th Minister Working Meeting of Ministry of Information Industry (MII) on September

More information

LAW ON PROVIDING FAST MONEY TRANSFER SERVICES (unofficial fair copy) 1 I. GENERAL PROVISIONS

LAW ON PROVIDING FAST MONEY TRANSFER SERVICES (unofficial fair copy) 1 I. GENERAL PROVISIONS LAW ON PROVIDING FAST MONEY TRANSFER SERVICES (unofficial fair copy) 1 I. GENERAL PROVISIONS Article 1 This Law shall regulate the manner and the terms and conditions for providing fast money transfer

More information

Trading Rules of the Georgian Stock Exchange

Trading Rules of the Georgian Stock Exchange A p p r o v e d : by the General Meeting of JSC Georgian Stock Exchange Minutes # 4, September 26, 1999 Changes and amendments are made: by the Supervisory Board of JSC Georgian Stock Exchange Minutes

More information

SUBCHAPTER 57D APPRAISAL MANAGEMENT COMPANIES SECTION.0100 APPLICATION FOR APPRAISAL MANAGEMENT REGISTRATION

SUBCHAPTER 57D APPRAISAL MANAGEMENT COMPANIES SECTION.0100 APPLICATION FOR APPRAISAL MANAGEMENT REGISTRATION SUBCHAPTER 57D APPRAISAL MANAGEMENT COMPANIES SECTION.0100 APPLICATION FOR APPRAISAL MANAGEMENT REGISTRATION 21 NCAC 57D.0101 FORM An appraisal management company that wishes to file an application for

More information

Shanghai-Hong Kong Stock Connect Northbound Trading Risk. Disclosure Letter

Shanghai-Hong Kong Stock Connect Northbound Trading Risk. Disclosure Letter Shanghai-Hong Kong Stock Connect Northbound Trading Risk Disclosure Letter I/We/The Company (hereinafter referred to as "Client") agree(s) to participate Shanghai-Hong Kong Stock Connect ("SHKSC") Northbound

More information

Law Concerning Electronic Signatures and Certification Services (Unofficial Translation)

Law Concerning Electronic Signatures and Certification Services (Unofficial Translation) Law Concerning Electronic Signatures and Certification Services (Unofficial Translation) Contents Chapter 1: General provisions (Article 1 and Article 2) Chapter 2: Presumption of the authenticity of an

More information

211 CMR: DIVISION OF INSURANCE 211 CMR 142.00: INSURANCE SALES BY BANKS AND CREDIT UNIONS

211 CMR: DIVISION OF INSURANCE 211 CMR 142.00: INSURANCE SALES BY BANKS AND CREDIT UNIONS 211 CMR 142.00: INSURANCE SALES BY BANKS AND CREDIT UNIONS Section 142.01: Scope and Purpose 142.02: Applicability 142.03: Definitions 142.04: Licensing 142.05: Consumer Protection Terms and Conditions

More information

Authorised Persons Regulations

Authorised Persons Regulations Authorised Persons Regulations Contents Part 1: General Provisions Article 1: Preliminary... Article 2: Definitions... Article 3: Compliance with the Regulations and Rules... Article 4: Waivers... Part

More information

Catalogue of Major Existing Laws and Regulations in Effect on Foreign Exchange Administration (as of June 30, 2015) 1

Catalogue of Major Existing Laws and Regulations in Effect on Foreign Exchange Administration (as of June 30, 2015) 1 Catalogue of Major Existing Laws and Regulations in Effect on Foreign Exchange Administration (as of June 30, 2015) 1 I. General (24 Items) 1- Basic Rules 1. Regulations of the People's Republic of China

More information

R430. Health, Health Systems Improvement, Child Care Licensing.

R430. Health, Health Systems Improvement, Child Care Licensing. R430. Health, Health Systems Improvement, Child Care Licensing. R430-3. General Child Care Facility Rules Inspection and Enforcement. R430-3-1. Legal Authority and Purpose. This rule is adopted pursuant

More information

Approval Process for Energy Optimization Service Companies

Approval Process for Energy Optimization Service Companies Approval Process for Energy Optimization Service Companies Public Act 295 of 2008 (Act 295), MCL 460.1001 et seq., which became effective on October 6, 2008, requires certain customers, who are eligible

More information

THE CERTIFIED PUBLIC ACCOUNTANTS LAW (As amended, last amendment being on July 26, 2005)

THE CERTIFIED PUBLIC ACCOUNTANTS LAW (As amended, last amendment being on July 26, 2005) THE CERTIFIED PUBLIC ACCOUNTANTS LAW (As amended, last amendment being on July 26, 2005) CHAPTER I CHAPTER II CHAPTER III CHAPTER IV CHAPTER V CHAPTER V-II CHAPTER VI GENERAL PROVISIONS CPA EXAMINATION

More information

COMPANION POLICY 31-103CP REGISTRATION REQUIREMENTS AND EXEMPTIONS. Table of Contents

COMPANION POLICY 31-103CP REGISTRATION REQUIREMENTS AND EXEMPTIONS. Table of Contents COMPANION POLICY 31-103CP REGISTRATION REQUIREMENTS AND EXEMPTIONS Table of Contents Part 1 Definitions and fundamental concepts 1.1 Introduction 1.2 Definitions 1.3 Fundamental concepts Individual registration

More information

Assist Members in developing their own national arrangements through being able to draw on and hence benefit from the experience of other members;

Assist Members in developing their own national arrangements through being able to draw on and hence benefit from the experience of other members; Introduction IFIAR is an organization of independent audit regulators (hereinafter, audit regulators ). The organization s primary aim is to enable its Members to share information regarding the audit

More information

VARIABLE ANNUITY CONTRACTS

VARIABLE ANNUITY CONTRACTS RULE AND REGULATION 6 Agency # 054.00 VARIABLE ANNUITY CONTRACTS *Provisions of this rule and regulation as it pertains to variable life insurance have been superseded by Rule and Regulation 33. See Article

More information

IAC 11/18/09 Insurance[191] Ch 58, p.1 CHAPTER 58 THIRD-PARTY ADMINISTRATORS

IAC 11/18/09 Insurance[191] Ch 58, p.1 CHAPTER 58 THIRD-PARTY ADMINISTRATORS IAC 11/18/09 Insurance[191] Ch 58, p.1 CHAPTER 58 THIRD-PARTY ADMINISTRATORS 191 58.1(510) Purpose. The purpose of this chapter is to administer the provisions of Iowa Code chapter 510 relating to the

More information

Any addition or adjustment to the bullion products and specifications related thereto shall be executed per the Exchange s announcements.

Any addition or adjustment to the bullion products and specifications related thereto shall be executed per the Exchange s announcements. Measures for the Administration of Price Asking Options Trading of the Shanghai Gold Exchange (Trial Implementation) Chapter I Article 1 Article 2 Article 3 Chapter II Article 4 Article 5 Article 6 General

More information

Certified Public Accountants Act

Certified Public Accountants Act This English translation of the Certified Public Accountants Act has been prepared (up to the revisions of Act No.99 of 2007 (Effective April 1, 2008) in compliance with the Standard Bilingual Dictionary

More information

CHARTERED PROFESSIONAL ACCOUNTANTS OF ONTARIO

CHARTERED PROFESSIONAL ACCOUNTANTS OF ONTARIO CHARTERED PROFESSIONAL ACCOUNTANTS OF ONTARIO REGULATION 9-1 PUBLIC ACCOUNTING LICENSING Adopted by the Council pursuant to the Chartered Accountants Act, 2010, and the Bylaws on June 16, 2011, as amended

More information

APPENDIX: RISK DISCLOSURES AND OTHER INFORMATION OF SHANGHAI-HONG KONG STOCK CONNECT

APPENDIX: RISK DISCLOSURES AND OTHER INFORMATION OF SHANGHAI-HONG KONG STOCK CONNECT APPENDIX: RISK DISCLOSURES AND OTHER INFORMATION OF SHANGHAI-HONG KONG STOCK CONNECT This Appendix describes some of the key risk factors concerning Stock Connect based on the Company s current understanding

More information

Commercial. Sales Guidelines. Christine Varner, Health Net We help make whole health possible. For California Agents/Brokers

Commercial. Sales Guidelines. Christine Varner, Health Net We help make whole health possible. For California Agents/Brokers Commercial Sales Guidelines Christine Varner, Health Net We help make whole health possible. For California Agents/Brokers Health Net of California, Inc. and Health Net Life Insurance Company (collectively

More information

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 51588 / April 21, 2005 ADMINISTRATIVE PROCEEDING File No. 3-11907 In the Matter of FISERV

More information

1. The Application Process

1. The Application Process Criteria for Approving New Mortgage Associate Education Programs and Mortgage Brokerage Education Programs under The Mortgage Brokerages and Mortgage Administrators Act (the Criteria ) The Saskatchewan

More information

CHAPTER 26.1-02.1 INSURANCE FRAUD

CHAPTER 26.1-02.1 INSURANCE FRAUD CHAPTER 26.1-02.1 INSURANCE FRAUD 26.1-02.1-01. Definitions. As used in this chapter: 1. "Business of insurance" means the writing of insurance or the reinsuring of risks by an insurer, including acts

More information

Investment Business in Bermuda

Investment Business in Bermuda Investment Business in Bermuda Foreword This memorandum has been prepared for the assistance of those who require information about the Investment Business Act 2003. It deals in broad terms with the requirements

More information

China Securities Depository and Clearing Corporation Limited

China Securities Depository and Clearing Corporation Limited China Securities Depository and Clearing Corporation Limited Rules on the Management of Securities Accounts Chapter 1: General Principles Article 1.1: In a bid to strengthen the securities account administration

More information

TABLE OF CONTENTS. University of Northern Colorado

TABLE OF CONTENTS. University of Northern Colorado TABLE OF CONTENTS University of Northern Colorado HIPAA Policies and Procedures Page # Development and Maintenance of HIPAA Policies and Procedures... 1 Procedures for Updating HIPAA Policies and Procedures...

More information

CHARTER FOR THE THE REGULATORY, COMPLIANCE & GOVERNMENT AFFAIRS COMMITTEE CHARTER THE BOARD OF DIRECTORS

CHARTER FOR THE THE REGULATORY, COMPLIANCE & GOVERNMENT AFFAIRS COMMITTEE CHARTER THE BOARD OF DIRECTORS CHARTER FOR THE THE REGULATORY, COMPLIANCE & GOVERNMENT AFFAIRS COMMITTEE CHARTER OF THE BOARD OF DIRECTORS OF Copyright/permission to reproduce Materials in this document were produced or compiled by

More information

VIRGIN ISLANDS INSOLVENCY PRACTITIONERS REGULATIONS, 2004 ARRANGEMENT OF REGULATIONS

VIRGIN ISLANDS INSOLVENCY PRACTITIONERS REGULATIONS, 2004 ARRANGEMENT OF REGULATIONS VIRGIN ISLANDS INSOLVENCY PRACTITIONERS REGULATIONS, 2004 ARRANGEMENT OF REGULATIONS Regulation 1. Citation. 2. Interpretation. 3. Application for licence. 4. Approval of application for licence. 5. Licence

More information

REFERENCE TITLE: accountancy board; certified public accountants HB 2218. Introduced by Representative Thorpe AN ACT

REFERENCE TITLE: accountancy board; certified public accountants HB 2218. Introduced by Representative Thorpe AN ACT REFERENCE TITLE: accountancy board; certified public accountants State of Arizona House of Representatives Fifty-second Legislature First Regular Session HB Introduced by Representative Thorpe AN ACT AMENDING

More information

Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings

Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings 2011 Corporate Governance Code for Captive Insurance and Captive Reinsurance Undertakings 3 Contents Section No. Contents Page No. 1 Scope 4 2 Definitions 6 3 Legal Basis 8 4 Reporting to the Central Bank

More information

REPUBLIC OF ARMENIA LAW ON CREDIT ORGANIZATIONS CHAPTER 1 GENERAL PROVISIONS

REPUBLIC OF ARMENIA LAW ON CREDIT ORGANIZATIONS CHAPTER 1 GENERAL PROVISIONS REPUBLIC OF ARMENIA LAW ON CREDIT ORGANIZATIONS CHAPTER 1 GENERAL PROVISIONS ARTICLE 1. Subject Matter of the Law This Law shall govern the licensing procedure, regulation and supervision of activities

More information

INSURANCE LAW OF THE KINGDOM OF CAMBODIA

INSURANCE LAW OF THE KINGDOM OF CAMBODIA INSURANCE LAW OF THE KINGDOM OF CAMBODIA (Adopted by the National Assembly of The Kingdom of Cambodia on 20th June,2000 at the 4 th Session, 2 nd Legislation) UNOFFICIAL TRANSLATION Prepared by RE. Dept

More information

Application for Corporate Membership CME Rule 106.H. Trading Member Firm Agreement for Membership

Application for Corporate Membership CME Rule 106.H. Trading Member Firm Agreement for Membership Application for Corporate Membership Agreement for Membership 1. Applicant 2. Indicate the Division of membership which will be used for the applicant s membership privileges. CME Division IMM Division

More information

Temporary Measures for Administration of Subordinated Term Debts of Insurance Companies 保 险 公 司 次 级 定 期 债 务 管 理 暂 行 办 法

Temporary Measures for Administration of Subordinated Term Debts of Insurance Companies 保 险 公 司 次 级 定 期 债 务 管 理 暂 行 办 法 Temporary Measures for Administration of Subordinated Term Debts of Insurance Companies 保 险 公 司 次 级 定 期 债 务 管 理 暂 行 办 法 Chapter 1 General Provisions Article 1 These Measures have been formulated in accordance

More information

IMINA' TRENTA NA LIHESLATURAN GUAHAN 2009 (FIRST) Regular Session, AN ACT TO ADD A NEW ARTICLE 9 TO CHAPTER 15 OF 22GCA RELATIVE TO PUBLIC ADJUSTERS.

IMINA' TRENTA NA LIHESLATURAN GUAHAN 2009 (FIRST) Regular Session, AN ACT TO ADD A NEW ARTICLE 9 TO CHAPTER 15 OF 22GCA RELATIVE TO PUBLIC ADJUSTERS. Bill No. Introduced by: IMINA' TRENTA NA LIHESLATURAN GUAHAN 2009 (FIRST) Regular Session, V'l ~ RaYTenori~ AN ACT TO ADD A NEW ARTICLE 9 TO CHAPTER 15 OF 22GCA RELATIVE TO PUBLIC ADJUSTERS. 1 BE IT ENACTED

More information

Electronic Signature Law of the People s Republic of China

Electronic Signature Law of the People s Republic of China Electronic Signature Law of the People s Republic of China Full text Contents Chapter I General Provisions Chapter II Data Message Chapter III Electronic Signature and Certification Chapter IV Legal Responsibility

More information

Chapter 9 Uniform Athlete Agents Act

Chapter 9 Uniform Athlete Agents Act Chapter 9 Uniform Athlete Agents Act 15-9-101 Title. This chapter is known as the "Uniform Athlete Agents Act." 15-9-102 Definitions. As used in this chapter: (1) "Agency contract" means an agreement in

More information

COMPLIANCE PROGRAM FOR XL GROUP PLC

COMPLIANCE PROGRAM FOR XL GROUP PLC 1 COMPLIANCE PROGRAM FOR XL GROUP PLC I. PURPOSE The purpose of the XL Group plc Compliance Program (the Program ) is to (a) help protect XL Group plc companies from financial or reputational harm that

More information

STATE OF CONNECTICUT REGULATION of the DEPARTMENT OF CONSUMER PROTECTION (NAME OF AGENCY)

STATE OF CONNECTICUT REGULATION of the DEPARTMENT OF CONSUMER PROTECTION (NAME OF AGENCY) STATE OF CONNECTICUT REGULATION of the DEPARTMENT OF CONSUMER PROTECTION (NAME OF AGENCY) Concerning APPRAISAL MANAGEMENT COMPANIES (SUBJECT MATTER OF REGULATION) (NEW) Section 1. The Regulations of Connecticut

More information

Trading Rules for Price Asking Options of the Shanghai Gold Exchange

Trading Rules for Price Asking Options of the Shanghai Gold Exchange Trading Rules for Price Asking Options of the Shanghai Gold Exchange Chapter I General Provisions Article 1 Article 2 Article 3 These Trading Rules for the Price Asking Options of the Shanghai Gold Exchange

More information

Foreign Exchange Transactions Act of South Korea. Act No.5550,Sep.16,1998

Foreign Exchange Transactions Act of South Korea. Act No.5550,Sep.16,1998 Foreign Exchange Transactions Act of South Korea Act No.5550,Sep.16,1998 CHAPTER グ GENERAL PROVISIONS Article 1 (Purpose) The purpose of this Act is to contribute to the sound development of the national

More information

ENROLLED 2008 Legislature CS for CS for SB 1360

ENROLLED 2008 Legislature CS for CS for SB 1360 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 An act relating to pharmacy technicians; amending s. 465.0075, F.S.; revising licensure requirements; amending s. 465.014, F.S.;

More information

Applicant any person who is applying or has applied for registration as a Paralegal;

Applicant any person who is applying or has applied for registration as a Paralegal; PRACTISING CERTI Paralegal Practising Certificate Rules Citation, Commencement and Interpretation These Rules may be cited as the Paralegal Practising Certificate Rules 2015 and come into force on 20th

More information

Guidelines on Fit and Proper Criteria for Insurance Undertakings

Guidelines on Fit and Proper Criteria for Insurance Undertakings Guidelines on Fit and Proper Criteria for Insurance Undertakings CHAPTER 1 - PRELIMINARY Introduction and citation 1. (a) These Guidelines on Fit and Proper Criteria for Insurance Undertakings ( Guidelines

More information

Compliance Guidelines

Compliance Guidelines Compliance Guidelines Chapter 1 General Provisions Article 1 (Purpose) Samsung Techwin (hereinafter Company ) has established this set of Compliance Guidelines to facilitate compliance with the relevant

More information

The Banking and Financial Institutions (Foreign Exchange Exposure Limits) Regulations, 2014

The Banking and Financial Institutions (Foreign Exchange Exposure Limits) Regulations, 2014 GOVERNMENT NOTICE NO. 292 published on 22/08/2014 THE BANKING AND FINANCIAL INSTITUTIONS (FOREIGN EXCHANGE EXPOSURE LIMITS) REGULATIONS, 2014 ARRANGEMENT OF REGULATIONS Regulation Title 1. Citation. 2.

More information

Regulations on Administration of Printing Industry

Regulations on Administration of Printing Industry Regulations on Administration of Printing Industry Full text Chapter I General Provisions Article 1 These Regulations are formulated for the purpose of strengthening administration of printing industry,

More information

Arkansas State Board of Public Accountancy

Arkansas State Board of Public Accountancy APPENDIX ONE PHYSICAL ADDRESS The principle office and official address of the Board is as follows: Arkansas State Board of Public Accountancy, 101 East Capitol Avenue, Suite 450, Little Rock, AR 72201.

More information

ALUMINUM CORPORATION OF CHINA LIMITED DETAILED IMPLEMENTATION RULES FOR THE AUDIT COMMITTEE UNDER THE BOARD OF DIRECTORS

ALUMINUM CORPORATION OF CHINA LIMITED DETAILED IMPLEMENTATION RULES FOR THE AUDIT COMMITTEE UNDER THE BOARD OF DIRECTORS Important Note: The following is an English translation of the Chinese version of the Detailed Implementation Rules for the Audit Committee under the Board of Directors of Aluminum Corporation of China

More information

2015 No. 910 FINANCIAL SERVICES AND MARKETS. The Mortgage Credit Directive Order 2015

2015 No. 910 FINANCIAL SERVICES AND MARKETS. The Mortgage Credit Directive Order 2015 S T A T U T O R Y I N S T R U M E N T S 2015 No. 910 FINANCIAL SERVICES AND MARKETS The Mortgage Credit Directive Order 2015 Made - - - - 25th March 2015 Coming into force in accordance with article 1

More information

Real Estate Errors and Omissions Insurance Application NEW YORK

Real Estate Errors and Omissions Insurance Application NEW YORK Real Estate Errors and Omissions Insurance Application NEW YORK THIS IS A CLAIMS-MADE POLICY. THE LIMITS OF LIABILITY OF THIS POLICY CAN BE REDUCED, AN MAY BE COMPLETELY EXHAUSTED, BY CLAIMS EXPENSES.

More information

ON CIRCULATION OF CREDIT INFORMATION AND ACTIVITIES OF CREDIT BUREAUS THE REPUBLIC OF ARMENIA LAW

ON CIRCULATION OF CREDIT INFORMATION AND ACTIVITIES OF CREDIT BUREAUS THE REPUBLIC OF ARMENIA LAW THE REPUBLIC OF ARMENIA LAW ON CIRCULATION OF CREDIT INFORMATION AND ACTIVITIES OF CREDIT BUREAUS Adopted October 22, 2008 Article 1. Subject of Law CHAPTER 1 GENERAL PROVISIONS 1. This law regulates terms

More information

W.Va. Code 30-9 Effective June 5, 2008.]

W.Va. Code 30-9 Effective June 5, 2008.] W.Va. Code 30-9 Effective June 5, 2008.] ARTICLE 9. ACCOUNTANTS. 30-9-1. License required to practice. To protect the public interest in receiving accurate and reliable financial information and assurance,

More information

(Informal Translation) Chapter One. General Provisions. 1- The deposit of securities with the Company or with any licensed entity;

(Informal Translation) Chapter One. General Provisions. 1- The deposit of securities with the Company or with any licensed entity; CAPITAL MARKET AUTHORITY (Informal Translation) Central Securities Depository and Registry Law No. 93 of 2000 Chapter One General Provisions Article 1 In this Law, the Company means a company licensed

More information

Section 1. The title of Section 101-07 of Subchapter A of Chapter 100 of Title 1 of the Rules of the City of New York is amended to read as follows:

Section 1. The title of Section 101-07 of Subchapter A of Chapter 100 of Title 1 of the Rules of the City of New York is amended to read as follows: Section 1. The title of Section 101-07 of Subchapter A of Chapter 100 of Title 1 of the Rules of the City of New York is amended to read as follows: 101-07 [Inspections and] [a] Approved [a] Agencies.

More information

Chapter 673 1999 EDITION. Accountants; Tax Consultants and Preparers

Chapter 673 1999 EDITION. Accountants; Tax Consultants and Preparers Chapter 673 1999 EDITION Accountants; Tax Consultants and Preparers ACCOUNTANTS (Generally) 673.010 Definitions for ORS 673.010 to 673.457 673.015 Statement of public interest in regulating practice of

More information

REAL ESTATE PROFESSIONALS ERRORS AND OMISSIONS INSURANCE APPLICATION

REAL ESTATE PROFESSIONALS ERRORS AND OMISSIONS INSURANCE APPLICATION Exclusively Administered by: Pearl Insurance 1200 East Glen Avenue Peoria Heights, IL 61616-5348 1.800.289.8170 www.pearlinsurance.com REAL ESTATE PROFESSIONALS ERRORS AND OMISSIONS INSURANCE APPLICATION

More information

GUIDANCE PAPER No. 2 ON CORPORATE GOVERNANCE IN INSURANCE COMPANIES

GUIDANCE PAPER No. 2 ON CORPORATE GOVERNANCE IN INSURANCE COMPANIES In order to foster more efficient management and supervision of insurers, in line with the core principles of insurance supervision promoted by the International Association of Insurance Supervisors (IAIS),

More information

APPRAISAL MANAGEMENT COMPANY

APPRAISAL MANAGEMENT COMPANY STATE OF ARKANSAS APPRAISER LICENSING AND CERTIFICATION BOARD APPRAISAL MANAGEMENT COMPANY STATUTES 1 ARKANSAS APPRAISER LICENSING AND CERTIFICATION BOARD APPRAISAL MANAGEMENT COMPANY STATUTES SUBCHAPTER

More information

CIS COMPLIANCE PROGRAMME

CIS COMPLIANCE PROGRAMME IFIA CIS COMPLIANCE PROGRAMME 1 INDEX SECTION A : CIS Compliance Principles SECTION B : CIS Compliance Programme 2 SECTION A : CIS Compliance Principles 1. Integrity CIS Commodity Inspection Services is

More information

publish in advance any regulation governing customs matters that it proposes to adopt; and

publish in advance any regulation governing customs matters that it proposes to adopt; and CHAPTER SIX CUSTOMS ADMINISTRATION ARTICLE 6.1 : PUBLICATION AND NOTIFICATION 1. Each Party shall ensure that its laws, regulations, guidelines, procedures, and administrative rulings governing customs

More information

CHAPTER 2014-86. Committee Substitute for Committee Substitute for Senate Bill No. 708

CHAPTER 2014-86. Committee Substitute for Committee Substitute for Senate Bill No. 708 CHAPTER 2014-86 Committee Substitute for Committee Substitute for Senate Bill No. 708 An act relating to insurance claims; amending s. 627.3518, F.S.; conforming a cross-reference; amending s. 627.409,

More information

APPRAISAL MANAGEMENT COMPANY RENEWAL APPLICATION

APPRAISAL MANAGEMENT COMPANY RENEWAL APPLICATION Complete, sign, and submit this form along with the items listed below to the Division. Entity Name: Email: Business Address: City: State: Zip: Ph: Fax: Registered Agent: Email: City: State: Zip: Ph: Fax:

More information

Ethical Corporate Management Best Practice Principles for Chunghwa Telecom Co., Ltd.

Ethical Corporate Management Best Practice Principles for Chunghwa Telecom Co., Ltd. Ethical Corporate Management Best Practice Principles for Chunghwa Telecom Co., Ltd. 1. All articles adopted by the 5th special meeting of the Company's 6th Board of Directors on December 28, 2010. 2.

More information

AGENCY: Commodity Futures Trading Commission. SUMMARY: The Commodity Futures Trading Commission (Commission or CFTC) is

AGENCY: Commodity Futures Trading Commission. SUMMARY: The Commodity Futures Trading Commission (Commission or CFTC) is 6351-01-P COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 30 Foreign Futures and Options Transactions AGENCY: Commodity Futures Trading Commission. ACTION: Order. SUMMARY: The Commodity Futures Trading

More information

SFKS Xi an Electronic Newspaper Issue One Hundred and Twenty-Three June 2013

SFKS Xi an Electronic Newspaper Issue One Hundred and Twenty-Three June 2013 SFKS Xi an Electronic Newspaper Issue One Hundred and Twenty-Three June 2013 Laws and Regulations Updates I. Supreme People s Court s Explanations for Several Matters Concerning the Applicability of the

More information