A Licensed Person shall: 1. Notify the Authority at least thirty days prior to the date of any change of address of its headquarters or the chosen domicile to which notices or documents should be addressed. 2. Notify the Authority within five Business Days as of incorporation, ownership, sale or dissolution of a Subsidiary Company, or in the event of any change in the information submitted to the Authority with regard to the branch offices through which the Licensed Person practices Securities Activities either inside or outside Kuwait. 3. Notify the Authority within five Business Days from the date of the appointment, resignation, or replacement of its Auditor. 4. Notify the Authority immediately upon the occurrence of any development pertaining to the insolvency or liquidation of the Licensed Person, any Controller company controlling the same or a member in their Group, or if any regulatory authority conducts an investigation, imposes disciplinary measures or punishments on the Licensed Person in relation to its Securities Activities or in the event that issuance of a judgment that has a material influence on the financial position of the Licensed Person or in the event of any Violation of the provisions stipulated in the Law or these Bylaws, without prejudice to Article (3-3) of Module Seven (Client Funds and Assets) of these Bylaws. 5. Notify the Authority with any decision or procedure issued by a foreign regulatory authority to grant or cancel any licenses to practice Securities Activities of the Licensed Person. 6. Notify the Authority upon admission or refusal of the Licensed Persons’ membership at a Securities Exchange or a Clearing Agency. 7. Hold its annual ordinary general assembly following the end of the financial year within two months from the date of providing the Authority with its annual audited financial statements. 8. Notify the Authority of the agenda and place of the ordinary and extra ordinary general assembly’s meeting -along with all documents relevant to the items listed on the agenda- at least ten Business Days prior to the commencement of the meeting. 9. Providing the Authority with a copy of the minutes of the ordinary and extraordinary meeting -whatever the case may be- authenticated, in addition to a certificate of noting the amendment of the Company Contract in the commercial register within a maximum of two weeks from the date of the commencement of the meeting. 10. Obtaining the Authority’s prior approval on any amendment of the Company Contract.