TMI BlogCODE OF CONDUCTX X X X Extracts X X X X X X X X Extracts X X X X ..... T 1. Schemes of a special purpose distinct entity shall not be organised, operated, managed in the interest of the originator or sponsor or a special class of investors. Interests of all classes of investors of the scheme shall be taken into account in such organisation, operation and management. 2. A special purpose distinct entity and its trustee shall ensure the dissemination to all inve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . A special purpose distinct entity and its trustee shall carry out the business in accordance with objectives stated in the offer documents and take decision solely in the interest of investors. 6. A special purpose distinct entity and its trustee shall not use any unfair or unethical means, directly or indirectly, to sell or market the securitised debt instruments or induce any investor to bu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... capability to render services or their achievements or in respect of asset pools. 11. A special purpose distinct entity and its trustee shall always ensure that the debt and receivables acquired by it are through a genuine transaction amounting to a true sale and legally realizable by it. 2 [12. A special purpose distinct entity and its trustee shall fulfill its obligations in a prompt, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reasonably expected to protect its operations, its investors and other registered entities from financial loss arising from theft, fraud, and other dishonest acts, professional misconduct or omissions. 16. A special purpose distinct entity and its trustee shall ensure that good corporate policies and corporate governance is in place and shall develop internal code of conduct for governing its ..... X X X X Extracts X X X X X X X X Extracts X X X X
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