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Article 21
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The issuer or master agent of an offshore structured product that is not targeted specifically to professional investors for trust investment or sales, shall, after passing the review of the trade association of the trustee or sub-distributor, make public announcement two (2) business days before offering it for trust investment, brokerage sale, or investment-linked insurance policies.<br/>The public announcement under the preceding paragraph shall contain the following particulars:<br/>1. Date and reference number of the approval by the trade association;<br/>2. Name, telephone number, and address of the issuer or master agent;<br/>3. Name, telephone number, and address of the trustee or sub-distributor;<br/>4. Name and type of the offshore structured product;<br/>5. Commencement date for accepting purchase and redemption orders, and the cut-off time for accepting purchase and redemption orders on each business day, of the offshore structured product;<br/>6. A chart showing fees to be borne by investors and the amount thereof or calculation basis therefor;<br/>7. Minimum subscription amount;<br/>8. Calculation of the subscription amount;<br/>9. Procedures for subscription and methods of payment;<br/>10. Chinese version of prospectus and investor brochure, and the method of distribution or locations at where they are available;<br/>11. Warnings about investment risk of the product;<br/>12. Methods by which the issuer or master agent will assist in protecting the rights and interests of investors;<br/>13. Information on the dividends of the offshore structured product;<br/>14. Trading terms and conditions comparable to those in other countries as provided in Article 5 herein;<br/>15. Matters required of disclosure by the TFSR; and<br/>16. Other disclosures required for the purpose of protecting the public interest and investors.<br/>Where matters to be contained in the aforementioned public announcement are otherwise set out by the trustee or sub-distributor, the issuer or master agent may indicate therein that investors may contact the trustee or sub-distributor.<br/>Changes to the information contained in the public announcement mentioned in the preceding two paragraphs shall be updated in two (2) business days after occurrence.
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