Examples of PRC Custodian in a sentence
The Custodian will act through its delegate (i.e. HSBC Bank (China) Company Limited), the PRC Custodian, and remains responsible for any acts and omission of the PRC Custodian.
Such cash will be co-mingled with cash belonging to other clients of the PRC Custodian.
According to the PRC Custody Agreement, the Custodian is entitled to utilise its local subsidiary or its associates within the HSBC group of companies, which as of the date of the PRC Custody Agreement is the PRC Custodian (i.e. HSBC Bank (China) Company Limited), as its delegate for the performance of services under the PRC Custody Agreement.
Neither the Custodian nor the PRC Custodian is responsible for the preparation of this Prospectus and they accept no responsibility or liability for the information contained here other than the description under the section “The Custodian and PRC Custodian”.
The Groups’ significant financial assets and liabilities denominated in foreign currencies aggregated by the foreign currencies other than functional currencies, and the related exchange rates between foreign currencies and respective functional currencies, are as follows: December 31, 2022 December 31, 2021 The realized and unrealized foreign currency exchange losses of the Company in 2022 and 2021 were NT$60,680 thousand and NT$(37,165) thousand, respectively.