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Article 27
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Securities firms are prohibited from lending book-entry central government bonds to the following related parties:
- The firm's directors, supervisors, representatives of corporate directors and supervisors, employees, or shareholders with more than 10% ownership interest.
- Corporate shareholders with representatives elected as the firm's directors or supervisors in accordance with Article 27, Paragraph 2 of The Company Act.
- Spouses to the firm's directors, supervisors, and representatives of corporate directors and supervisors.
- Underage children of personnel listed in Sub-paragraph 1.
Securities firms are required to incorporate the above rules into their internal control policies.
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