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Article 17
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FSC approval shall be required for any change or termination of a master agent and the change or termination shall be publicly announced and notice given to the investors within 2 days. However, the master agent may refrain from notifying the investors if the offshore ETFs are traded on the stock exchange.
The date of public announcement as mentioned in the preceding paragraph shall be at least 15 business days prior to the date of change or termination.
After termination of a master agent relationship, the master agent shall assist investors to carry out subsequent redemption, switch, or other relevant matters relating to the offshore fund until another offshore fund master agent takes over the business.
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