Obligations After Approval
- 1. Reporting
- - Law on Securities No. 21 /NA, dated 10 December 2012 ( article 123 and 125 ) and other report as the following:
- Part 1 Required information to be reported
- 1. An overview of Custodian Bank
- - A brief history of Custodian Bank
- - An organizational structure and each employee layer
- - A name list of clients or interested clients
- 2. Business operation and performance
- 3. A business development plan
- 4. Any suggestion of custodian bank
- 5. Other information (if any)
- Part 2 Endorsement of the accuracy of information
- - Chief Executive Officer
- - Head of Custodian Division
- 2. Disclosure of Information
- - Law on Securities No. 21/NA, dated 10 December 2012 ( article 124 );
- - Decision on Regulation on Disclosure of Information No. 014 /SEC, dated 19 May 2011 ( Part III ).
- 3. Maintenance of Information
- - Law on Securities No. 21/NA, dated 10 December 2012 ( article 126 ).
- Other required reports as stipulated by Lao Securities Commission Office (LSCO) in each period.
♦ Obligations after approved by Lao Securities Commission Office (LSCO)